Why Private Equity Firms Are Targeting Your 401(k)

Why Private Equity Firms Are Targeting Your 401(k) Play

April 4 (Bloomberg) -- Carlyle Group, Blackstone and KKR are lowering that threshold or offering investments directly to individuals, an effort to attract fresh cash amid lackluster fundraising. Their ultimate goal: a slice of the $3.57 trillion Americans have accumulated in their 401(k)retirement plans. Cristina Alesci and Jason Kelly report on Bloomberg Television's "Money Moves." (Source: Bloomberg)

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