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July 23, 2020 "Private Equity May Be Coming to Your 401(k). Investor Advocates Are Crying Foul"
by Mallika Mitra Private equity has long been an investment vehicle used mostly by institutions and the wealthy. Now it could be coming to your 401(k). The Department of Labor (DOL) opened up the possibility of private equity in retirement accounts in an informational letter in June.
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By MONEYby Mallika Mitra Private equity has long been an investment vehicle used mostly by institutions and the wealthy. Now it could be coming to your 401(k). The Department of Labor (DOL) opened up the possibility of private equity in retirement accounts in an informational letter in June.