Carlyle Group and SEI Launch Private Markets Fund

Carlyle Group Inc. and SEI Investments Co. launched the SEI Carlyle Private Markets Fund on November 10, 2026. The fund, which trades under the ticker PRVTX, targets wealthy individual investors and allows for a minimum investment of $1,000 with a 0.75% management fee.

The fund invests across private equity, secondaries, private credit, real estate, and collateralized loan obligations, while maintaining the ability to allocate up to 20% to liquid assets like stocks and bonds. Under the partnership, Carlyle manages, sponsors, and advises on its own strategies within the fund, while SEI oversees asset allocation, portfolio construction, and vehicle management.

Robert Hum, head of investment product and commercialization at SEI, described the launch as "an important milestone in our strategy to broaden access to institutional investment capabilities and deliver innovative solutions at scale." The partnership follows a trend of alternative asset managers seeking retail capital as institutional investment remains constrained.