KKR Plans to Offer Two Retail Funds to Pursue Debt Deals

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KKR & Co. LP, the private-equity firm run by Henry Kravis and George Roberts, plans to open two debt funds for individual investors, according to government filings.

KKR will offer the KKR Alternative Corporate Opportunities Fund and the KKR Alternative High Yield Fund, according to filings with the U.S. Securities and Exchange Commission. Both funds will be managed by KKR Asset Management, the firm’s San Francisco-based unit focused on public investments.