Capital Group and KKR have announced a ‘strategic partnership’ through which the two asset managers will offer funds investing in both public and private markets to financial advisors and their clients.
The firms did not provide much detail as to what these funds will look like, but said that their first two offerings would be fixed income strategies and would be made available to US investors likely in 2025.
The firms said that further funds would be made ‘available to investors across multiple asset classes, geographies and channels’ in the future.