El fondo Capital Group KKR Global Multi-Sector+ ofrece una solución integral de crédito, que combina títulos de crédito cotizados e inversiones en crédito privado: un enfoque integral que permite gestionar inversiones públicas y privadas en una única cartera.
El fondo trata de beneficiarse del acceso a un universo más amplio de oportunidades de inversión, del potencial de generar un rendimiento atractivo y de las oportunidades de diversificación que ofrecen clases de activos con menor correlación.
En este vídeo, los gestores Sandro Lazzarini (Capital Group) y Michael Small (KKR) analizan las principales características del fondo.
Amplíe sus conocimientos sobre inversión público-privada
NUESTRO CENTRO DE FORMACIÓN
Conozca mejor cómo funcionan los mercados privados y cómo pueden ayudar a reforzar las carteras de los inversores.
Hemos puesto en marcha un programa educativo que los profesionales financieros podrán realizar a su propio ritmo y que les ayudará a ampliar sus conocimientos sobre los mercados privados y las soluciones de inversión público-privadas, así como a plantearse cómo incorporar estas soluciones a las carteras de inversión.
LOS DETALLES
¿Quiere saber más sobre la alianza entre Capital Group y KKR y sobre el fondo? En el folleto encontrará toda la información.
Conocimiento especializado
Una solución de inversión de dos compañías líderes con amplia experiencia en mercados públicos y privados.
Información a 31 diciembre 2025
«Estaba claro que debíamos unir nuestras fuerzas y tratar de encontrar la forma de aportar más valor a nuestros clientes. La cultura fue el factor decisivo».
Mike Gitlin, consejero delegado de Capital Group
En el vídeo encontrará más información.
Capital Group y KKR no están vinculadas entre sí. Ambas entidades mantienen una alianza exclusiva para gestionar y poner a disposición de los inversores soluciones de inversión público-privadas.
PREGUNTAS FRECUENTES
Estas son las preguntas que los profesionales financieros les hacen a nuestros especialistas.
Los activos alternativos son inversiones que no forman parte de las clases de activos tradicionales, como la renta variable, la renta fija o el efectivo y equivalentes. Entre ellos se incluyen los bienes inmuebles, las materias primas, el private equity, el crédito privado y otras inversiones no tradicionales. La inversión en este tipo de activos conlleva riesgos que los inversores deben tener en cuenta.
El crédito privado hace referencia a la financiación no bancaria en la que los inversores conceden préstamos u otras opciones de financiación directamente a compañías o proyectos privados, al margen de los mercados cotizados tradicionales. El crédito privado suele ser utilizado por empresas que buscan capital sin emitir deuda o acciones en los mercados cotizados.
La exposición al crédito privado puede obtenerse de varias formas. Normalmente, los inversores que cumplen los requisitos acceden a la clase de activo a través de un fondo de crédito privado. En colaboración con KKR, ofrecemos un fondo que combina crédito público y privado.
Las inversiones en crédito privado están sujetas a los riesgos habituales inherentes a cualquier inversión, incluido el riesgo de pérdida de capital. Además, las estrategias que invierten exclusivamente en mercados privados conllevan un mayor riesgo de iliquidez y suelen exigir unos mínimos de inversión más elevados. Las inversiones en crédito privado pueden ser menos transparentes que las inversiones en deuda cotizada, cuyos emisores pueden estar sujetos a mayores exigencias de presentación de información. Debido a la menor frecuencia de valoración independiente y a su relativa iliquidez, las valoraciones pueden resultar menos precisas.
Tradicionalmente, solo los inversores que cumplían unos estrictos requisitos podían acceder a las inversiones en mercados privados o no cotizados. A través de su alianza con KKR, Capital Group busca ampliar el acceso a estas soluciones a un mayor número de inversores.
Capital Group KKR Global Multi-Sector+ B2 EUR
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Fund risks
ABS/MBS risk: The fund may invest in mortgage- or asset-backed securities. The underlying borrowers of these securities may not be able to pay back the full amount that they owe, which may result in losses to the fund.
Bonds risk: The value of bonds can change as a result of interest rate changes – typically when interest rates rise, bond values fall. Funds investing in bonds are exposed to credit risk. A decline in the financial health of an issuer could cause the value of its bonds to fall or become worthless.
Counterparty risk: Other financial institutions provide services to the fund such as safekeeping of assets, or may serve as a counterparty to financial contracts such as derivatives. There is a risk the counterparty will not meet their obligations.
Derivative instruments risk: Derivatives are financial instruments deriving their value from an underlying asset and may be used to hedge existing exposures or to gain economic exposure. A derivative instrument may not perform as expected, may create losses greater than the cost of the derivative and may result in losses to the fund.
Emerging markets risk: Investments in emerging markets are generally more sensitive to risk events such as changes in the economic, political, fiscal and legal environment.
High yield bonds risk: Lower rated or unrated debt securities, including high yield bonds, may, as a result, be subject to liquidity, volatility, default and counterparty risk.
Illiquidity risk: Restrictions may be imposed on the ability of investors to withdraw capital. Redemptions of Shares are only expected to be offered on the 14th Business Day of each month. Further to this, in any calendar month, the total amount investors can redeem from the fund is generally capped at 3% of the fund’s total net asset value. Because of this limit, it may not be possible to redeem your investment immediately or in full when you request it. Due to these restrictions, investors should consider their investment in the fund to be subject to illiquidity risk.
Liquidity risk: In stressed market conditions, certain securities held by the fund may not be able to be sold at full value, or at all. This could cause the fund to defer or suspend redemptions of its shares, meaning investors may not have immediate access to their investment.
Operational risk: The risk of potential loss resulting from inadequate or failed internal processes, people and systems or from external events.
Private credit risk: Private credit investment opportunities are speculative and involve a high degree of risk arising from limited liquidity, borrower specific credit risk, valuation uncertainty, and limited publicly available information about the underlying companies. Private credit assets are not regularly traded and do not have readily observable market prices; as such, their value is determined using fair value estimates based on judgement, models, and available information. These valuations are inherently subjective and may differ from the price that could be realised upon sale, particularly given the illiquid nature of the assets and the limited transparency of borrowers. As a result, there is a risk that the Fund’s net asset value may overstate or understate the value ultimately realised.
Risk factors you should consider before investing:
• This material is not intended to provide investment advice or be considered a personal recommendation.
• The value of investments and income from them can go down as well as up and you may lose some or all of your initial investment.
• Past results are not a guarantee of future results.
• If the currency in which you invest strengthens against the currency in which the underlying investments of the fund are made, the value of your investment will decrease. Currency hedging seeks to limit this, but there is no guarantee that hedging will be totally successful.
• Some portfolios may invest in financial derivative instruments for investment purposes, hedging and/or efficient portfolio management.
• There are additional ABS/MBS, Bonds, Counterparty, Derivative instruments, Emerging markets, High yield bonds, Illiquidity, Liquidity, Operational and Private credit risks associated with this fund.
This communication is intended for the internal and confidential use of the recipient and not for onward transmission to any other third party.
Capital Group and KKR are not affiliated. The two firms maintain an exclusive partnership to manage and deliver public-private investment solutions to investors.
Capital Group KKR Global Multi-Sector+ is a Sub-Fund of Capital Group Alternative Investments Funds which is a Luxembourg investment company with variable capital – Part II UCI (société d’investissement à capital variable or “SICAV”).
This communication is issued by Capital International Management Company Sàrl (CIMC), unless otherwise stated, which is regulated by the Luxembourg CSSF - Commission de Surveillance du Secteur Financier and which has been appointed as the Alternative Investment Fund Manager of this Alternative Investment Fund.
This communication is of a general nature, and not intended to provide investment, tax or other advice, or to be a solicitation to buy or sell any securities. All information is as at the date indicated and attributed to Capital Group unless otherwise stated. While Capital Group uses reasonable efforts to obtain information from third-party sources that it believes to be accurate, this cannot be guaranteed.
The fund(s) is (are) offered only by Prospectus, together with any locally required offering documentation, where applicable. In Europe and the UK, this is the PRIIPs Key Information Document (KID).
These documents are available free of charge and in English and local languages at capitalgroup.com and should be read carefully before investing.
In Singapore, this communication has been prepared by Capital Group Investment Management Pte. Ltd. (CGIMPL), a member of Capital Group, a company incorporated in Singapore.
This advertisement or publication has not been reviewed by the Monetary Authority of Singapore, the Securities and Futures Commission or any other regulator.
The Fund is not authorised or recognised by the Monetary Authority of Singapore and the Fund is not allowed to be offered to the retail public. This communication and any other document or material issued in connection with the offer or sale have not been registered as a prospectus with the MAS, are not a prospectus as defined in the Securities and Futures Act (the “Act”) and, accordingly,
In Hong Kong, this communication has been prepared by Capital International, Inc. (Cllnc), a member of Capital Group, a company incorporated in California, United States of America. The liability of members is limited.
The Fund is not authorised in Hong Kong. The information is provided for reference only.
Professional investors in Hong Kong should read carefully the Hong Kong Supplement and the accompanying Prospectus (“Hong Kong Private Offering Document”) before making an investment decision. This material and the Hong Kong Private Offering Document have not been reviewed by any regulatory authority in Hong Kong. You are advised to exercise caution in relation to the offer. If you are in doubt about the contents of this material and/or the Hong Kong Private Offering Document, you should obtain independent professional advice.
Participating Shares may not be offered or sold in Hong Kong by means of this Placing Memorandum or any other document other than to persons who are “professional investors” as defined in the Hong Kong Securities and Futures Ordinance (“SFO”) and rules made thereunder or in circumstances which do not constitute an offer to the public for the purposes of the SFO or any other applicable legislation in Hong Kong.
In Switzerland, this communication is issued by Capital International Sàrl, authorised and regulated by the Swiss Financial Market Supervisory Authority (FINMA). The documentation of the Fund has not been approved by FINMA for distribution to non-qualified investors. The fund is not registered with FINMA and can only be offered to institutional and professional investors within the meaning of art. 4 (3)-(5) FINSA, as well as HNWI, private investment structures created for them with opting-out as defined in Article 5 Paragraph 1 FINSA and qualified investors within the meaning of ART. 103ter CISA. Therefore, an investment in the Fund may carry higher levels of risks. The paying agent in Switzerland is Helvetische Bank AG, Seefeldstrasse 215, CH-8008 Zurich.
In the UK, this communication is issued by Capital International Limited, authorised and regulated by the UK Financial Conduct Authority. The Fund is an unregulated collective investment scheme. The Fund has not been authorised or otherwise recognised or approved by the UK Financial Conduct Authority and, as an unregulated scheme, it accordingly cannot be promoted in the UK to the general public.
Investors acquire shares of the fund, not the underlying assets.
The material is not intended to be distributed or used by persons in jurisdictions that prohibit its distribution. If you act as representative of a client, it is your responsibility to ensure that the offering or sale of fund shares complies with relevant local laws and regulations.
The information in relation to the index is provided for context and illustration only. The fund is actively managed. It is not managed in reference to a benchmark.
In Europe, facilities to investors (tasks according to Article 92 of the Directive 2019/1160, points b) to f)), are available at www.capitalgroup.com/individual-investors/lu/en/contact-us.html
For European investors, a summary of Fund Shareholder Rights is available at www.capitalgroup.com/eacg/entry-page/shared/summary-of-investor-rights.html
CIMC may decide to terminate its arrangements for marketing any or all of the sub-funds of Capital Group Alternative Investments Funds in any EEA country or in any other jurisdictions where such sub-fund(s) is/are registered for sale at any time.
All Capital Group trademarks are owned by The Capital Group Companies, Inc. or an affiliated company. All other company names mentioned are the property of their respective companies.
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