The rich already know how private equity mints money — and it’s not from a 401(k)
1. Executive order opens private assets to retirement savers, expanding investment options. 2. Larry Fink advocates for a new asset-allocation model incorporating private investments. 3. Private assets may provide inflation protection but come with higher fees and complexity. 4. Mixed opinions among professionals on the suitability of private assets for average investors. 5. The average worker may struggle with complex private-market investments, leading to risks.