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Practical Implications of DOL's Latest Private Equity Statement
PLANSPONSOR; registration may be required
Jan. 6, 2022 "The [DOL's] supplemental statement is a tonal shift rather than a substantive change that reflects the continuing courtship for defined contribution plans and private equity investments.... The Biden tone is unlikely to greatly change the approach plan sponsors are taking to include PE in DC plans by adding options for participants' investments exposures to potentially higher-returning investments." |
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