Capital Group, KKR Launch First PE Fund for Everyday Investors

Capital Group and KKR & Co. are taking the next step in their push to sell retail investors on private equity, launching a fund that combines bets on private companies with US stocks.

The fund, called Capital Group KKR U.S. Equity+, comes after the firms last year launched two vehicles that combined public and private debt. The new fund will invest in and alongside KKR strategies generally not available to everyday investors, Capital Group said in a statement.