Last August, President Trump issued an executive order for the Department of Labor and Securities and Exchange Commission to lay a framework allowing private equity investments within 401(k)s. The initiative would unlock a new, potentially massive source of capital. But democratizing private equity for retail investors would have many implications for firms, says Jim Walker, partner and global head of wealth at Adams Street Partners. He joins the podcast to discuss how this initiative might play out, how the PE community can prepare, and what firms can learn from existing funds developed for high net worth individuals.

The Middle Market Growth Conversations podcast is produced by the Association for Corporate Growth. To hear more interviews with middle-market dealmakers and industry experts, subscribe on Soundcloud, Apple Podcasts, Spotify or wherever you listen to podcasts.