AssetMark Expands into Private Markets with Access to Apollo, Carlyle, KKR, and StepStone Funds
AssetMark has officially entered the private markets space, partnering with leading alternative asset managers Apollo, Carlyle, KKR, and StepStone Group to bring advisors simplified access to semi-liquid interval funds and professionally managed private markets strategies.
Through the new offering, advisors can now access four private markets semi-liquid funds directly within AssetMark’s UMA technology, including the Apollo Diversified Credit Fund, Carlyle Tactical Private Credit Fund, KKR Real Estate Select Trust (KREST), and StepStone Private Infrastructure Fund
These solutions are fully integrated into AssetMark’s unified account system, enabling advisors to build customized private markets exposure while benefiting from streamlined paperwork, automated portfolio rebalancing, and consolidated reporting.
For advisors preferring an outsourced approach, AssetMark has introduced goals-based private markets strategies across growth, income, and preservation profiles. Each solution combines multiple interval funds into a single allocation with minimums as low as $10,000, significantly lowering the hurdle for clients seeking alternative diversification.
Advisors can also access comprehensive, professionally managed private markets portfolios through GPS Select Access and Savos Personal Portfolios Access, available at $250,000 minimums for clients seeking a more bespoke solution.
“By bringing together the expertise of Apollo, Carlyle, KKR, and StepStone Group within our unified investment ecosystem, we’re equipping advisors with an ‘easy button’ to help clients pursue new sources of returns and diversification—reflecting the changing landscape of wealth management and the opportunities ahead,” said Lou Maiuri, Group CEO and Chairman of AssetMark.
