Tag: private equity
In recent decades, public pension plans in the United States have changed how they take on risk. At the turn of the century, their risky investments were primarily in public equities, whereas alternative assets – like private equity, real estate, and hedge funds – accounted for just 14 percent of all risky investments…
Private equity is illiquid, has high fees, and hasn’t produced high returns for state/local plans The president just issued an executive order to encourage adding private equity and private credit — as well as other alternative investments — as options to 401(k) plans. The Department of Labor (DOL) is tasked with accomplishing this goal. Some suggest t…
