Following Connor Hussey‘s podcast with Ropes and Gray on getting retail investors into private funds, we’ve had some further insight from retirement-plan lawyers Kevin Walsh and David Levine from Groom Law Group. The upshot is: it is technically possible for 401(k) plans to invest in private funds, assuming certain criteria are met. These, however, are rarely deemed worth the headache. Read the detail here, as well as Kevin’s and David’s take on what needs to happen next regarding the industry’s interaction with the SEC.
Email prepared by Toby Mitchenall