Intercontinental Exchange Inc (ICE), the parent company of the New York Stock Exchange, is partnering with Apollo Global Management to develop a dedicated data infrastructure for the private-credit market, in a bid to bring greater transparency to the $1.8tn sector, according to a report by Bloomberg.
Apollo will serve as an anchor partner in the project, with ICE planning to involve additional asset managers and originators over time. The initiative, named ICE Private Credit Intelligence, is de...
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