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Posted on: Aug. 11, 2017, 11:21 a.m.
With private equity firms sitting on a record amount of cash they’re struggling to invest, their clients are turning to exchange-traded funds for relief. BlackRock Inc. and State Street Corp., two of the world’s biggest providers of ETFs, say an increasing number of institutional investors are using their products to park money earmarked for private funds. Full investment news articleRelevent to this post: Apollo Global Management Preqin,