Capital Group, KKR Get SEC Approval to Sell Retail Credit Funds

RIAs Weigh In on BlackRock’s Private Market Portfolios

By Leo Almazora in InvestmentNews, featuring Brian Spinelli, CFP®, AIF®, Co-Chief Investment Officer   While alts-focused RIA advisors might not be putting their clients in BlackRock’s new public-private model portfolios anytime soon, they’re certainly counting it as a step in the right direction for the industry. To quickly recap: In late March, BlackRock launched a new series of customizable model portfolios, which combine public and private…

Capital Group, KKR Get SEC Approval to Sell Retail Credit Funds

Capital Group KKR Core Plus+ and Capital Group KKR Multi-Sector+ will have asset targets of 60% publicly traded debt and 40% private credit, including direct loans and asset-backed credit.

General Atlantic in advanced talks with UBS over private credit partnership - Private Equity Wire

Alternative asset manager General Atlantic is in advanced discussions with Swiss bank UBS Group AG over establishing a strategic partnership targeting the $1.6tn private credit market, according to a report by Bloomberg. The report cites unnamed sources familiar with the negotiations as revealing that the proposed tie-up would see UBS’s investment bank originate loans, giving GA Credit – General Atlantic’s private credit arm – preferred access o…

Private Credit Market Starts to Show Cracks

Cracks are beginning to appear in the $1.5 trillion private credit market, where major players like Ares Management, Apollo Global Management, Blue Owl Capital, Blackstone, and KKR have long dominated.