Capital Group and KKR Launch Their First Two Public-Private Investment Solutions
04.30.25
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Simpson Thacher is representing Capital Group in its strategic partnership with KKR as the organizations work together on opportunities to further broaden access to private market investment solutions. As part of this partnership, Capital Group and KKR have announced the launch of two interval funds focused on credit strategies, Capital Group KKR Core Plus+ and Capital Group KKR Multi-Sector+. The two new interval funds employ a thoughtful and deliberate approach, designed from the ground up to deliver blended public-private markets exposure with a risk, return and liquidity profile driven by input from financial advisors and a focus on investor needs and outcomes. Over time, and subject to market conditions, each fund will seek to allocate approximately 60% of net assets to public fixed income and 40% to private credit consisting of direct lending and asset-based finance investments. Each fund will offer up to 10% quarterly liquidity at net asset value, resulting in improved liquidity relative to standalone alternatives that typically offer up to 5% quarterly liquidity.
The Simpson Thacher team includes Ryan Brizek, Debbie Sutter and Andy Madore (Registered Funds); and Russell Light (Tax).