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News Link • Economy - Economics USA

Private Equity Firms Would Now Like To Tap Into Your 401(k)

• Business Insider

Private equity firms are lowering the $5 million threshold for investments to attract some cash. Specifically, they would like to attract the  $3.57 trillion American workers have invested in 401(k) retirement plans, says Bloomberg.

And we're talking the big boys here: KKR, Carlyle, Blackstone...

This is about solving a problem this business has been trying to dig out of for years. Private equity firms have had trouble raising cash for their traditional work, leveraged buy outs, since the financial crisis wiped out access to credit, and thus, the leverage their business model is based on.

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