Brookfield Asset Management, AllianceBernstein, and Carlyle launched a turnkey private markets solution for Defined Contribution (DC) retirement plans.
Named "ABC [ONE]," the product serves as a single source of private-markets exposure for a plan's Qualified Default Investment Alternative (QDIA).
The solution offers diversification across private credit, private real assets, and private equity.
The platform dynamically adjusts asset allocation based on a saver's age and proximity to retirement.
Listed affiliate Brookfield Infrastructure Partners comprises a key part of the real assets segment.
The affiliate could benefit from increased capital flows into private infrastructure assets through the platform.
The announcement did not provide specific details on its direct involvement.