Quilter Cheviot has announced it will enter private markets with the addition of KKR’s flagship evergreen private equity fund to its discretionary portfolio service.
From January 2026, Quilter Cheviot’s investment managers will be able to select KKR’s private equity evergreen strategy for discretionary portfolios where it is suitable for the client.
The structure has been designed to work seamlessly across Quilter Cheviot’s key jurisdictions of the UK, Jersey, and Ireland.
Quilter Cheviot said the launch follows increased demand from clients for access to private markets, as well as the offering increasingly aligning with high-net-worth clients’ needs and objectives.
The firm said it has worked closely with KKR to introduce an evergreen private markets option that can balance the advantages of private market exposure with improved operational feasibility and client suitability characteristics, compared to traditional closed-ended private markets strategies.
Quilter Cheviot’s chief investment officer Caroline Simmons said: “Access to high-quality private markets solutions has evolved at a rapid pace in recent years and clients and advisers are recognising the potential such an exposure can give to their portfolios.
“We have been long advocates of allocating to private equity, but it is important that we look at how we can build on that via new structures and funds to help bolster client portfolios, remaining cognisant of the risks and how these interact with existing investment exposures.”
