Capital Group and KKR will begin selling two credit funds, following approval from the U.S. Securities and Exchange Commission.
Forming the partnership in 2024, the two firms have created a series of funds that mix public and private investments. The funds, Capital Group KKR Core Plus+ and Capital Group KKR Multi-Sector+ have asset targets of 60 percent traded debt and 40 percent private credit, including direct loans and asset-backed credit, according to Bloomberg.
These funds will have a minimum investment of $1,000. Capital Group and KKR are seeding the funds and will manage them jointly.
