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Department of Labor: Plan Fiduciaries Can Include Private Equity Investment Options for Defined Contribution Retirement Plans

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

DOL: Plan Fiduciaries Can Include Private Equity Investment Options for Defined Contribution Retirement Plans

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

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