Janus Henderson Joins Ex-Blackstone, AQR Executives in Alts Push

Janus Henderson Group Plc is making a new push into alternative assets, investing in a firm founded by former executives at Blackstone Inc. and AQR Capital Management to help market private equity, debt and other non-traditional investments to private wealth clients.

The partnership with Privacore Capital lets the money manager expand in the fast-growing alternatives industry and tap into growing interest among wealthy clients, according to a statement on Thursday. High-net-worth clients have $80 trillion globally, which the firm said will be increasingly allocated to alternative assets.

“We recognize that the democratization of alternatives among private wealth clients is still ...