Alternative investment consulting and advisory firm Altegris, in cooperation with private fund and asset manager Kohlberg Kravis Roberts & Co. L.P. (KKR), is planning to offer access to KKR funds to certain retail investors through a new closed-end investment company (Fund). The Fund recently filed a Registration Statement under both the Securities Act of 1933 and the Investment Company Act of 1940. Shares in the Fund will be offered only to accredited investors. The Fund expects to invest most of its assets in funds sponsored by KKR or in co-investment opportunities with KKR. See “Co-Investments in the Hedge Fund Context: Fiduciary Duty Concerns, Conflicts and Regulatory Risks (Part Three of Three),” Hedge Fund Law Report, Vol. 7, No. 9 (Mar. 7, 2014). This article details the mechanics of the offering. See “Citi Prime Finance Report Describes the Competition among Traditional, Hedge and Private Equity Fund Managers for $1.3 Trillion in Liquid Alternative Assets (Part Two of Two),” Hedge Fund Law Report, Vol. 6, No. 22 (May 30, 2013).