Capital Group and KKR are set to launch new funds spanning private loans, corporate buyouts, and infrastructure and property deals in the latest tie-up between big traditional asset managers and private capital firms. The two have agreed to jointly offer a wide range of funds for individual investors that will mix traditional stocks and bonds with unlisted assets such as corporate takeovers.
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KKR and Capital Group seek to lure investors to private markets with new funds
“For a lot of folks who have never used alternatives before, this public-private hybrid market space is a really elegant entry into private assets,” said Mike Gitlin, chief executive of...
