Capital Group (The Capital Group Companies, Inc.)
UnverifiedCapital Group is one of the world’s largest privately owned asset managers, founded in Los Angeles in 1931 and managing $3.4 trillion (January 2026), best known for the American Funds. Under CEO Mike Gitlin it formed an exclusive partnership with KKR to bring private markets to retail investors, launching two public-private credit strategies in 2025 and the Capital Group KKR U.S. Equity+ interval fund in March 2026, which is profiled on Fundscouter.
On This Page
Total Funds (On Fundscouter)
1
AUM
€3400B
Founded
1931
Company Information
Investment Focus Details
Active equity and fixed income (American Funds); public-private strategies with KKR
About Capital Group (The Capital Group Companies, Inc.)
From American Funds to Public-Private
Capital Group has been privately owned since Jonathan Bell Lovelace founded it in Los Angeles in 1931, and its American Funds are among the most widely held mutual funds in the United States; assets under management reached $3.4 trillion in January 2026. Its move into private markets came through an exclusive partnership with KKR announced in 2024: two public-private credit interval funds launched in 2025, followed in March 2026 by Capital Group KKR U.S. Equity+, which pairs Capital Group’s US stock selection with KKR private equity for a $1,000 minimum. Chief executive Mike Gitlin has framed the partnership as bringing institutional private markets to mainstream investors without abandoning the firm’s long-term, research-driven culture.
Key Figures (2026)
Assets Under Management
$3.4T
January 2026
Founded
1931
Los Angeles; privately owned
KKR Partnership
2024
Public-private funds since 2025
U.S. Equity+
Mar 2026
Interval fund, $1,000 minimum
CEO
Mike Gitlin
President & CEO
Funds on Fundscouter
1
Capital Group KKR U.S. Equity+
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