State Street got warranted attention with its October 10, 2019 announcement that it had launched Direct Access Lending, a program to lend beneficial owner assets to hedge funds, with indemnification and without the credit intermediation of a prime broker. We assess how important this route to market could be for agents, asset owners and managers, borrowers and other intermediaries.
This content requires free registration (unlocked content) or a Finadium subscription. Log in or get access today by signing up here.
No Comments