Global investment firm KKR has partnered with Capital Group to introduce a hybrid equity fund offering US investors exposure to both public and private markets, as demand continues to grow for diversified investment strategies outside traditional asset classes, according to a report by Reuters.
The new vehicle, named Capital Group KKR US Equity+, is expected to launch in early 2026, subject to regulatory approval. Structured as an interval fund, it will allocate approximately 60% of assets to publicly listed equities, with the remaining 40% directed toward private equity investments.
The structure is designed to provide enhanced liquidity relative to traditional private market vehicles, while maintaining access to long-term private growth opportunities. It will also feature low minimum investment requirements to broaden access.
The launch marks an expansion of the strategic relationship between KKR and Capital Group. The two firms debuted a pair of public-private credit strategies in April, which have collectively raised over $100m in their first quarter.
With an increasing number of high-growth companies staying private for longer, the move reflects a broader industry trend toward the ‘democratisation’ of alternatives.
