Latest news with #JoeBae
Yahoo
29-04-2025
- Business
- Yahoo
KKR and Capital Group launch funds targeting blend of private, public credit
(Reuters) - KKR and Capital Group launched two funds on Tuesday, which would allow retail investors to invest in both public and private credit. The funds, Capital Group KKR Core Plus+ and Capital Group KKR Multi-Sector+, will allocate 60% of their assets to public fixed income and the rest to private credit. Private credit — loans typically made by non-bank institutions — have surged in popularity in recent years as banks retreat from riskier forms of lending. Being relatively insulated from the volatility of public debt markets, private credit can be a crucial source of diversification for investors. So far, however, these assets have mostly been limited to institutional investors. "We are aiming to unlock the benefits of private investments for the 95% of individual investors who have not historically been able to invest in the private markets," KKR co-CEOs Joe Bae and Scott Nuttall said. A report from Moody's earlier this year estimated the private credit market could grow to $3 trillion by 2028. The new funds will allow investments starting at $1,000, lower than the typical minimums for such funds, to attract retail investors. Sign in to access your portfolio
Reuters
29-04-2025
- Business
- Reuters
KKR and Capital Group launch funds targeting blend of private, public credit
April 29 (Reuters) - KKR (KKR.N), opens new tab and Capital Group launched two funds on Tuesday, which would allow retail investors to invest in both public and private credit. The funds, Capital Group KKR Core Plus+ and Capital Group KKR Multi-Sector+, will allocate 60% of their assets to public fixed income and the rest to private credit. Private credit — loans typically made by non-bank institutions — have surged in popularity in recent years as banks retreat from riskier forms of lending. Being relatively insulated from the volatility of public debt markets, private credit can be a crucial source of diversification for investors. So far, however, these assets have mostly been limited to institutional investors. "We are aiming to unlock the benefits of private investments for the 95% of individual investors who have not historically been able to invest in the private markets," KKR co-CEOs Joe Bae and Scott Nuttall said. A report from Moody's earlier this year estimated the private credit market could grow to $3 trillion by 2028. The new funds will allow investments starting at $1,000, lower than the typical minimums for such funds, to attract retail investors.
Bloomberg
24-03-2025
- Business
- Bloomberg
Best of Bloomberg Invest 2025
Bloomberg Invest is the essential event that convenes dealmakers and investors from across the globe. Hear from the industry's most influential voices including KKR's Joe Bae, Gary Cohn, Soros Fund Management CEO Dawn Fitzpatrick, TCW's Katie Koch, former Treasury Secretary Steve Mnuchin, and Carlyle's Harvey Schwartz. Bloomberg's Sonali Basak is your host. (Source: Bloomberg)
Bloomberg
05-03-2025
- Business
- Bloomberg
KKR to Expand Long-Term Ownership to Infrastructure, Real Assets
KKR & Co. is planning to expand its long-term ownership unit to include investments in infrastructure and real assets. What the firm is trying to build at its Strategic Holdings arm 'is in some ways a mini Berkshire Hathaway,' Co-Chief Executive Officer Joe Bae said Wednesday at the Bloomberg Invest conference in New York. KKR created the unit to hold 18 long-term private equity bets that pay out regular dividends.
