Carlyle Group, a US-based alternative asset manager, and Fortress Investment are planning to launch new funds to further tap retail investors.

As part of the move, Carlyle plans to launch two new mutual funds registered with the Securities & Exchange Commission (SEC), one mainly in commodities and one across a broad array of asset classes including shares, fixed income, currencies and commodities, according to the Financial Times.

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Financial Times report added that the first will be managed by Vermillion Asset Management, while the second will be managed by its credit team.

Additionally, Fortress will also list its existing infrastructure fund, Worldwide Transportation and Infrastructure Fund on the NYSE. The fund was developed as a private fund with the flexibility to list as a public company.

Through these new listings, Fortress aims to reduce the need to go on the road to solicit money from major pension funds, sovereign wealth funds and wealthy families every few years.