The recent investment from private equity firms could help protect Keurig Dr Pepper from activist investors like Starboard.
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The announcement follows the introduction of a public and private ETF from State Street and Apollo last month.
The next frontier for private credit may be the mass market where fund managers are launching new products, like exchange-traded funds.
New filings with the Securities and Exchange Commission are requesting permission to launch ETFs that hold both public and private assets.
Fidelity has hired an industry veteran to lead one of the world’s largest professional networks of family offices.
BlackRock is acquiring HPS Investment Partners in a deal that could increase its private assets under management to $600 billion.
The asset managers are hoping to offer the first private asset ETF and open up alternative investments to the masses.