Carmen Arroyo

1 week ago | bloomberg.com | Carmen Arroyo |Paige Smith

(Bloomberg) -- SoFi Technologies Inc. has secured as much as $3.2 billion in new commitments from Fortress Investment Group and artificial intelligence-focused lender Edge Focus to originate personal loans, according to a statement. Fortress agreed to fund $2 billion for loan originations in addition to the $2 billion the firm committed to last year, a deal that expanded SoFi’s loan platform business. The new agreement extends Fortress’ commitments by one year.

1 week ago | financialpost.com | Katie Greifeld |Carmen Arroyo

Demand for State Street Corp. and Apollo Global Management Inc.’s hotly anticipated private credit exchange-traded fund has virtually dried up, at a time when asset managers have keyed in on reaching retail investors. Article content(Bloomberg) — Demand for State Street Corp. and Apollo Global Management Inc.’s hotly anticipated private credit exchange-traded fund has virtually dried up, at a time when asset managers have keyed in on reaching retail investors.

1 week ago | bloomberg.com | Katie Greifeld |Carmen Arroyo

State Street Financial Center in Boston, Massachusetts. (Bloomberg) -- Demand for State Street Corp. and Apollo Global Management Inc.’s hotly anticipated private credit exchange-traded fund has virtually dried up, at a time when asset managers have keyed in on reaching retail investors. No new money has flowed into the SPDR SSGA IG Public & Private Credit ETF (ticker: PRIV) since March 4, according to data compiled by Bloomberg.

1 week ago | bloomberg.com | Carmen Arroyo

(Bloomberg) -- Sculptor Capital Management Inc. raised about $900 million for its opportunistic fund as the firm looks to capitalize on market dislocations. The vehicle, named Sculptor Tactical Credit Fund, reached final close and has been eyeing non-tradeable assets across corporate, asset-based and real estate debt when opportunities arise, according to a statement seen by Bloomberg News.

1 week ago | news.bloomberglaw.com | Carmen Arroyo

Sculptor Capital Management Inc. raised about $900 million for its opportunistic fund as the firm looks to capitalize on market dislocations. The vehicle, named Sculptor Tactical Credit Fund, reached final close and has been eyeing non-tradeable assets across corporate, asset-based and real estate debt when opportunities arise, according to a statement seen by Bloomberg News.