Core Insights - The SPDR SSGA IG Public & Private Credit ETF (PRIV) aims to democratize access to the $3 trillion private credit market, previously limited to institutional investors and high-net-worth individuals [1] - Despite a strong launch, PRIV has only attracted $45 million in year-to-date flows as of December 18, 2025, but has shown promising performance [2] - PRIV has outperformed the Bloomberg US Aggregate Bond Index by 98 basis points and its Morningstar Intermediate Core-Plus peers by 90 basis points since inception [3] Performance Metrics - PRIV ranks in the top decile (92nd percentile) of its peer group for total performance, indicating strong quality of returns [4] - The fund has a daily trading volume averaging nearly $3 million, surpassing 85% of all 900 ETFs launched in 2025, showcasing robust liquidity [4] - The Sharpe Ratio ranks in the 11th percentile, indicating better performance than 89% of peers, while the Information Ratio ranks in the 2nd percentile, outperforming 98% of peers, reflecting high active management efficacy [8] Structural Aspects - As of December 16, 20.64% of PRIV's portfolio consists of private credit instruments sourced by Apollo, aligning with its target of approximately 20% since inception [5] - Other private credit ETFs in the market include the Simplify VettaFi Private Credit Strategy ETF (PCR), the BondBloxx Private Credit CLO ETF (PCMM), and the VanEck Alternative Asset Manager ETF (GPZ) [5]

India’s IIFL Capital Services aims to raise as much as $447 million through private credit in the next two years to invest in mid-sized companies https://t.co/S2u22m9V6C ...

The private credit industry is facing fresh scrutiny from top global regulators over some of the ratings being assigned to debt in the $1.7 trillion market, people familiar with the matter told Bloomberg News https://t.co/yIxNE790Rt ...

Alternative asset manager Blackstone is reportedly in talks to offer its funds through FinTech company Revolut’s platform.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.Revolut is developing a private banking serv ...

With competition fierce, private credit firms have created a new tactic to snag deals: buying up bank loans https://t.co/wtSNfyyepg ...

Ares has provided a private credit package to back BC Partners’ purchase of Italian firm Fortidia https://t.co/bXLf67k1et ...

Banks are teaming up with private credit to finance commercial real estate deals in Europe. It's causing concern for some. https://t.co/t18rdKUoY1 ...

Elham, the private credit arm of Hillhouse, has partnered with a Daiwa-backed digital investment bank to explore private credit opportunities in Asia Pacific, with an initial focus on Japan, according to a statement https://t.co/9lrJV29nnj ...

US banks are lending more to private credit firms, private equity shops and hedge funds, with loan volume to these non-bank financial institutions up 26% this year through November, according to Fitch Ratings https://t.co/6clP0Sk1jT ...

German insurers are the most exposed in Europe to illiquid corporate bonds, a top watchdog said in one of the most detailed reports to date on the industry’s investments in private credit https://t.co/CWGJUtaf1n ...