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jsonstein@masto.deoan.org ("Jeff Sonstein") wrote:

“…have traditionally steered clear of them because they have a fiduciary duty to provide a menu of prudent, reasonably priced investments to plan participants.

To date, private equity and private credit options have been riskier, more expensive, less transparent and less liquid than publicly traded stock and bond funds.”

your retirement fund is about to become much riskier

https://flipboard.com/@cnn/business-and-tech-fie8hiijz/-/a-X4cEfAlZQvShn5EQFHlLnw%3Aa%3A132361178-%2F0