AllianceBernstein Holding, Brookfield Asset Management, and Carlyle have announced a collaboration to deliver an innovative, turnkey private markets solution for defined contribution (DC) plans providing broader asset class diversification to retirement savers. Designed for implementation alongside an existing target-date fund or managed-account solution, “ABC [ONE]” is intended to be a single source of private-markets exposure for a DC plan’s Qualified Default Investment Alternative (QDIA). The solution will dynamically adjust private asset allocations across private credit, private real assets and private equity, depending on a participant’s stage in their retirement-savings journey.
AB will manage the allocation to the three private market asset components alongside the plan’s existing QDIA, based on participants’ ages and preferences.
Brookfield will manage the private real assets component, Carlyle will manage the private equity component, and AB will
