KKR (KKR) and Capital Group introduced two credit-focused interval funds, Capital Group KKR Core Plus+ and Capital Group KKR Multi-Sector+, designed to combining public and private market investments.
Each fund aims to allocate about 60% of net assets to public fixed income and 40% to private credit, including direct lending and asset-based finance investments, the companies said Tuesday in a statement.
Capital Group and KKR are developing two public-private equity-focused products, which are expected to debut next year.
Price: 113.61, Change: -0.32, Percent Change: -0.28
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.