U.S. clears private equity as investment option for retirement plans
The U.S. Department of Labor issued
guidance on Wednesday that allows private equity investments to
be offered to U.S. retirement plans as part of diversified
investment funds, a move that the leveraged buyout industry has
long called for.
guidance on Wednesday that allows private equity investments to
be offered to U.S. retirement plans as part of diversified
investment funds, a move that the leveraged buyout industry has
long called for.
Posted by Reuters
