State Street Collaborates With Apollo, Enhances Private Markets Access

State Street Corp.’s (STT) asset management business, State Street Global Advisors, announced its partnership with Apollo Global Management Inc. (APO) and its affiliates to enhance investors' accessibility to private market opportunities.Rationale Behind State Street’s CollaborationApollo specializes in high-quality private credit origination that includes both corporate lending and asset-backed finance. As of June 30, 2024, APO reported $146 billion of debt origination in the last 12 months, aided by its c ...