Capital Group proposes offering of a new public-private equity interval fund

Capital Group and KKR (KKR) take the next step in their partnership to increase access to private markets with Capital Group’s proposed offering of a new public-private equity interval fund. Building on the April launch of the firms’ first two public-private credit interval funds, Capital Group filed a registration statement with the SEC for Capital Group KKR U.S. Equity+, expected to launch in the U.S. in early 2026, pending regulatory approval. The fund, which will combine public and private market exposures, aims to deliver a comprehensive solution that provides opportunities for growth and diversification and allows investors to seek opportunities across a wider spectrum of companies. Structured as an interval fund, the strategy is designed to provide access to public and private equity markets through a single, integrated solution with lower minimums, a familiar investment vehicle and no accreditation requirements. Work is underway on additional public-private investment strategies, including providing access to KKR’s real assets strategies. Capital Group and KKR are also continuing to explore opportunities to work together on model portfolios, target date funds and other areas where combining capabilities can add value to clients.