Drew Carrington Joins iCapital to Lead Alternatives Strategy
Carrington will be responsible for partnering with alternative investment managers to develop and distribute alternative investment products.
Tag: Private Markets
Almost Half of DC Plan Participants Would Invest in Private Assets
A majority of respondents to Schroders’ 2025 U.S. Retirement Survey said that private assets could enhance portfolio diversification.
Advisers Increasingly Open to Private Market Investments in Retirement Plans, per Empower
According to a July survey, nearly half of surveyed advisers were willing to recommend private market investments, but most also...
Trump Signs Executive Order on Private Equity in 401(k) Plans
The Labor Department, Treasury and SEC are ordered to reexamine guidance around alternatives, including cryptocurrency in retirement plans to encourage...
DCALTA Encourages Inclusion of Private Credit in DC Plan Investments
The association makes a case that incorporating private credit into investments like target-date funds can improve participant outcomes.
Goldman Sachs Announces Private Credit CIT for Retirement Plans
The fund will be included in Great Gray Trust Co.’s Panorix Target Date Series, which integrates institutional-grade public and private...
Experts Split on Private Equity in 401(k) Plans
Supporters say access to PE would allow participants the chance to enjoy higher returns, while naysayers stress that the asset...
Warren Says Empower Responses to Questions About 401(k) Private Equity Investments Inadequate
An Empower spokesperson said the company is currently not commenting on the possibility of a response to Warren’s second letter,...
Blue Owl and Voya Partner to Offer Private Market Solutions to DC Plans
The firms will begin by offering collective investment trusts available through adviser-managed accounts.
Empower: Workers Desire More Retirement Savings Choices, Better Access
According to a study from Empower Retirement, workers want the option to invest in private markets and believe doing so...
Empower Responds to Private Markets Inquiry from Senator Warren
The asset classes should be available to retirees to help with the ‘democratization of private investing,’ Empower CEO Edmund Murphy...
Do Private Markets Present a Lucrative Opportunity ‘Fraught With Peril’?
Jerry Schlichter says fiduciaries’ responsibilities have been complicated by provider desires to make private market investments available via 401(k) plan...
SEC to Evaluate Use of PE and Alternatives in Retirement Accounts
The SEC's Office of the Investor Advocate as previously highlighted potential risks for retail savers posed by the expansion of...
Senator Warren Wants Information About Empower’s Push Into Private Equity for 401(k) Plans
Democratic Senator Elizabeth Warren wrote to the company’s CEO, Edmund Murphy III, outlining concerns about the asset class and demanding...
Private Equity Sponsors ‘Cautious’ Amid Market Uncertainty
A Churchill Asset Management survey found PE firms remain cautiously optimistic about the outlook for dealmaking, exits and returns.
Empower 401(k)s Will Get Access to Private Investments
Through relationships with several private investment fund managers and custodians, the recordkeeper will bring private investments to managed accounts in...
Larry Fink Touts Importance of Private Assets in Annual Letter
One way to fix the “retirement gap” is to increase access to alternative investments in 401(k) plans, according to BlackRock's...
Considering the Hot Private Market Space for DC Plans
As new Blackstone financial adviser surveying reiterates the growth in private market investing, can asset managers leverage the moment to...
Product & Service Launches – 3/7/24
Orion, DPL partner on annuities marketplace for advisers; Morgan Stanley launches private markets transaction desk; Just Futures announces 'values-driven' 401(k)...