Quilter Cheviot has partnered with KKR to bring institutional-grade private equity into UK wealth portfolios via an evergreen structure.

Quilter Cheviot has snuggled up with KKR to introduce an evergreen private markets solution to the UK wealth market, marking a deliberate step in bringing institutional private equity into advised portfolios. The collaboration combines KKR’s global investment platform and private equity expertise with Quilter’s distribution and portfolio construction capabilities, using an evergreen structure to provide ongoing access, smoother capital deployment, and improved liquidity management relative to traditional closed-end funds. The emphasis is not on broad democratization, but on tailoring institutional-grade private equity into a format that aligns with long-term wealth planning to deliver repeatable alpha. Quilter Cheviot CEO Caroline Simmons said access to high-quality private markets solutions “has evolved at a rapid pace in recent years and clients and advisers are recognizing the potential such an exposure can give to their portfolios.”