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Private Equity and 401(k) Plans-Do They Belong Together?

By Carol Buckmann ·

In 2021, the Department of Labor (DOL) issued an information letter that some interpreted as green lighting private equity investments through 401(k) plans. The DOL has issued new guidance for fiduciaries clarifying that it hasn’t endorsed these investments and discussing the risks and issues. Carol Buckmann’s article in Investment News analyzes the DOL’s clarification of its position.