Carlyle Group is planning to rollout its first two publicly listed mutual funds, including Enhanced Commodity Real Return Fund and Global Core Allocation Fund, as part of a strategy to offer its platform to retail investors.
A regulatory filing by the alternative asset manager was quoted by Reuters as saying that the Enhanced Commodity Real Return Fund will primarily invest in commodity sectors such as energy and metals.
The second offering, Global Core Allocation Fund will invest in equities, debt, real estate, commodities and currencies using primarily exchange-traded funds.
The wealth manager said that both mutual funds will be open-end funds.
Last year, Carlyle unveiled its first BDC called Carlyle GMS Finance to lend to midsize US firms. Additionally, it also rolled out a captive feeder fund leveraging investment firm Central Park Group.