DOL Cracks Open the Door for Private Equity in 401(k) Plans
Burr Forman
JULY 15, 2020
The fiduciary should consider: (1) whether adding the PE Investment provides an opportunity to invest “among more diversified investment options within an appropriate range of expected returns net of fees (including management fees, performance fees, or other fees or costs that impact the returns received)”; (2) whether the PE Investments’ management (..)
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