AllianceBernstein, Brookfield, Carlyle Latest Alts Managers to Partner on Private Fund for 401(k)s

AllianceBernstein, Brookfield, Carlyle Latest Alts Managers to Partner on Private Fund for 401(k)s

Private property. C’mon in. AllianceBernstein, Brookfield Asset Management and Carlyle Group are partnering to launch a private markets fund for 401(k)s and other defined contribution retirement plans. The product, ABC [ONE], is designed to sit alongside existing target-date funds or managed accounts and give investors exposure to private equity, private credit and real estate. AllianceBernstein will oversee the private credit sleeve and determi…

AB, Brookfield, Carlyle Launch Private Markets Product

The three firms are collaborating on ABC [ONE], a portfolio which dynamically adjusts allocations to private credit, real estate and equity based on a participant's retirement stage.

AB, Brookfield and Carlyle launch private markets solution for US DC plans

AllianceBernstein (AB), Brookfield Asset Management and Carlyle have unveiled a turnkey private markets solution for defined contribution (DC) plans, to give retirement savers an allocation to the asset class that adjusts with age. The new solution, ABC [ONE], is designed to be implemented alongside an existing target-date fund or managed account solution, and is intended […] The post AB, Brookfield and Carlyle launch private markets solution fo…