Global Credit Finance
Global Credit Finance (GCF) is State Street’s lending division and partners with asset managers and institutional investors to deliver tailored financing solutions globally. Through a broad suite of products including fund finance, corporate lending, and private markets solutions, GCF supports client growth strategies while strengthening long-term, trusted partnerships.
Subscription Finance
Our experienced team specializes in deal execution and structuring, providing Subscription Finance facilities to established private markets fund managers. These solutions help clients manage complexity and enhance overall returns.
Real Money Funds
We provide credit solutions to finance various asset types within the 40-Act Mutual Fund and Undertakings for Collective Investment in Transferable Securities (UCITs) universe. With a long history of market leadership and agenting sizeable transactions, the team ranks at the top of the league tables in the United States for closed-end fund leverage facilities with a 23 percent market share, in addition to being a leader in the open-end market.*
Business Development Companies (BDCs)
Strategic clients benefit from State Street’s participation in Senior Secured Revolving Credit facilities. Our commitments provide leverage and working capital for these funds and special purpose vehicles.
Collateralized Loan Obligations (CLOs)
We support our clients with investments in their broadly syndicated and middle market CLOs, and invest in the AAA tranche of client transactions in the US and Europe.
Corporate, Investment Advisor, and Insurance Company
We provide lines of credit and term loans to certain strategic corporates, insurance companies, and investment managers, typically through participating in syndicated credit facilities provided by major relationship banks.
Commercial Real Estate
Institutional sponsors benefit from our senior secured commercial mortgages to finance core properties in major North American metropolitan areas.
Municipal Finance
Backed by our strong and stable ratings,** we offer standby bond purchase agreements to support efficient issuances of bonds and commercial paper by municipalities in the capital markets. We also offer loans and lines of credit directly to meet our strategic clients’ funding source diversification needs.
Stable Value Wrap
Our highly rated bank wrap capacity supports stable value funds by providing liquidity at book value for participants in retirement and college saving plans.
As a market leader in providing liquidity and leverage financing to real money funds, we continue to expand our presence in alternatives, including private equity funds and BDCs. Our customizable credit and liquidity solutions, structuring expertise, and asset intelligence help clients mitigate risks, meet their business objectives, and maximize returns. Our global footprint and local expertise enable us to seamlessly support transactions across geographies and time zones.