Chances are very good that your 401(k) does not currently offer you access to private equity investments, which, as the name implies, are investments in companies that are not publicly traded.
The question is, will that change in the next few years? And, if it does, is it worth it for you to invest?
Large company pension plans and university endowments — both of which have very long time horizons — have invested for years in private equity and private debt funds. But 401(k)s typically haven’t offered those options to plan
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