Business of Alternatives – Private Markets in 401(k)s: BI Replay

Private markets are moving closer to the retirement system as policymakers, asset managers and plan sponsors debate the role alternative assets could play inside 401(k) plans. Bloomberg Intelligence’s Business of Alternatives series features conversations with industry leaders and policymakers on the trends and structural dynamics shaping alternative asset management. In this session, Bloomberg Intelligence’s Michael Kaye will be joined by Lisa Gomez, former Assistant Secretary of Labor for Employee Benefits Security at the U.S. Department of Labor, to discuss the Department of Labor’s recent guidance around private assets in retirement plans, including fiduciary considerations, litigation risk, liquidity concerns and adoption hurdles for plan sponsors.