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DOL Issues Supplemental Guidance on DC Plan Private Equity Investments
Groom Law GroupLink to more items from this source
[Guidance Overview]
Dec. 23, 2021

"The Statement reiterates some of the key issues fiduciaries should consider when evaluating an investment that includes a private equity component, and it emphasizes the need for plan fiduciaries to understand the investments they are considering.... [T]here is no reason to believe a fiduciary would violate his/her duties under ERISA by operating within the four corners of the Information Letter, regardless of the size of the plan."

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