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GAO Says DOL Should Provide Guidance for Defined Benefit Plan Investments in Hedge Funds and Private Equity
Pensions & Investments Link to more items from this source
Sept. 11, 2008

Excerpt: The report by the Government Accountability Office recommended that the guidance include a description of the steps funds should take to address the challenges and risks of the alternative investments while meeting their fiduciary obligations under ERISA. The guidance should also specifically address the challenges that alternative investments present for smaller pension plans, the report said.

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