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GAO Testimony: Defined Benefit Pension Plans Face Valuation and Other Challenges When Investing in Hedge Funds and Private Equity
U.S. Government Accountability Office [GAO] 
July 21, 2010
20 pages. "This testimony discusses [1] the extent to which defined benefit plans have invested in hedge funds and private equity, [2] challenges that such plans face in investing in hedge funds and private equity, [3] steps that plan sponsors can take to address these challenges, and [4] the implications of these challenges for the federal government." [GAO-10-915T, published Jul. 20, 2010, released Jul. 20, 2010]
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