The combination of high costs, valuation risk, and a general lack of transparency have kept private investments on the sideline to date - they just haven't been able to clear the prudent investment bar. Loosening regulations likely won't change that without some significant changes in the private equity product space, which won't change overnight. With retirement plan litigation on the rise, why would a fiduciary take the risk on this when they don't have to?
Mark Nicholas
Aug 12, 20253 min read
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