State Street looks to give investors access to private assets, Bloombergs says

State Street’s (STT) asset management arm is looking into ways to give retail investors access to secondaries and other private assets, Meg Short and Lisa Abramowicz of Bloomberg reports. “We look for like-minded asset managers that are really interested in bringing those strategies to everyday people,” Yie-Hsin Hung, chief executive officer of State Street Investment Management, said in a Bloomberg Television interview. “Fundamentally, there’s so much value creation happening in private markets.”