State Street’s private debt ETF launched with big buzz. What does it hold? - MarketWatch

1. PRIV currently has 5% exposure to private credit. 2. SEC requests ETF name change due to misleading implications with Apollo. 3. Private credit market is growing rapidly, reaching $1.6 trillion in 2024. 4. Potential liquidity risks exist due to illiquid private credit assets. 5. The ETF may increase private credit exposure moving forward.