Private equity has been largely the province of ultra-rich investors, endowments and pension funds. That may be changing.

President Donald Trump is set to introduce a sweeping change to the U.S. retirement savings system by allowing 401(k) plan ...

The potential incorporation of private equity into 401 (k) investment options would follow an "increasing push to provide ...

President Donald Trump is expected to direct the Department of Labor and the Securities and Exchange Commission to give employers and 401 (k) plan administrators guidance on how to incorporate private ...

The executive order, expected this week, aims to unlock the $9 trillion retirement market by allowing 401(k) plans to invest ...

In June, the SEC said it will explore this new investment opportunity, as “there may be risks, as well as benefits, for ...

BlackRock's move comes as the private-equity industry has been lobbying Washington for access to retirement funds, which had $7.4 trillion in assets in more than 710,000 401(k) plans on behalf of ...

Now celebrating 20 years in Chicago, the New York-based investment management firm is eyeing further growth through ...

BlackRock is seeking to expand its private equity business. In 2016, the firm hired Mark Wiseman, the former head of Canada’s largest pension fund, which pioneered models for alternative private ...

BlackRock Inc. is ramping up plans to offer more of its private-market products to individuals outside the US as the Wall Street giant increasingly tries to muscle in on one of the hottest areas ...

BlackRock Inc., the world’s largest asset manager, now wants to be a financier for private equity and alternative investment firms. Fresh off a year of almost $30 billion of deals to become a ...

BlackRock Inc. said insurance executives overseeing $29 trillion plan to pour more money into private debt and credit strategies while cutting back on private equity and real estate. Of 378 senior ...