Empower to Offer Private Markets to Retirement Plans
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Empower, the nation’s second-largest retirement plan provider, is expanding investment opportunities for its 19 million participants by introducing private market investments into defined contribution plans. The firm has partnered with leading asset managers including Apollo, Franklin Templeton, Goldman Sachs, and PIMCO to facilitate this access through collective investment trusts.
The move signals growing institutional acceptance of alternative assets, though no direct cryptocurrency exposure is mentioned. This development could pave the way for future digital asset inclusion as retirement portfolios evolve beyond traditional public market offerings.
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