AllianceBernstein, Brookfield, and Carlyle launch ABC [ONE], a private markets solution for DC retirement plans.

AllianceBernstein, Brookfield Asset Management, and Carlyle have collaborated to create ABC [ONE], a turnkey private markets investment solution for Defined Contribution (DC) retirement plans. This solution offers dynamic allocation across private credit, private real assets, and private equity, adjusting based on participants' age and retirement stage. It aims to enhance returns and diversification beyond traditional public markets, addressing expected lower inflation-adjusted returns and less diversification in the future. The partnership leverages each firm's expertise to provide a professionally managed private market exposure alongside existing target-date funds or managed accounts in DC plans.