Capital Group and KKR announced an expansion of their strategic partnership to deliver new, integrated retirement and wealth solutions. The collaboration builds on their successful launch of public-private investment strategies in 2025. The firms will exclusively partner to develop two new offerings that broaden private market access for retirement savers: a Target Date Fund Solution for defined contribution plans that is uniquely constructed as a holistic portfolio featuring public market strategies managed by Capital Group and private market strategies managed by KKR, and Public-Private Model Portfolios that integrate public market strategies managed by Capital Group and private market strategies managed by KKR within diversified wealth portfolios.
Capital Group and KKR have already partnered on a series of public-private funds, including Capital Group KKR Core Plus+ and Capital Group KKR Multi-Sector+ credit strategies. The first public-private equity fund, Capital Group KKRU.S. Equity+, has been filed and is expected to launch in early 2026 pending regulatory approval. There is also a public-private real asset strategy in development, targeted for late 2026.
The collaboration extends beyond investments to education and advisor enablement. Both firms are committed to equipping financial advisors with the knowledge and tools needed to integrate private market exposures into client portfolios responsibly and confidently. The firms also plan to collaborate more broadly on insurance asset management, with Global Atlantic ?
KKR's insurance subsidiary ? by leveraging Capital Group's fixed income experience to manage portions of its assets.
