The U.S. Department of Labor (“DOL”) recently issued an information letter (“DOL Letter”) that could provide sponsors of private equity and other private investment funds a new source of investor capital – some of the...more
New DOL information letter sheds light on how US defined contribution retirement plans (such as 401(k) plans) may offer private equity investments in compliance with ERISA.
Key Points:
..Private fund sponsors and “fund of...more
New York partner Bradd Williamson, Global Chair of Latham’s Benefits, Compensation & Employment Practice, and Chicago partner Robin Struve discuss Sun Capital Partners III, LP v. New England Teamsters & Trucking Industry...more
2/11/2020
/ Business Entities ,
Capital Investments ,
Employee Retirement Income Security Act (ERISA) ,
Investment Funds ,
Joint and Several Liability ,
Partnership-in-Fact ,
Pension Funds ,
Pensions ,
Portfolio Companies ,
Private Equity Firms ,
Private Equity Funds ,
Sun Capital Partners ,
Underfunded Plans