A Common Sense Framework for 401(k), 403(b), CIT, and Target-Date Fund Fiduciaries Introduction Private equity and other private-market investments are increasingly being pushed into participant-directed retirement plans through target-date funds, CITs, interval funds, evergreen vehicles, and semi-liquid wrappers. Fiduciaries are often told these products provide “diversification,” “institutional access,” and “enhanced returns.” However, private equity products … Continue reading ERISA Private Equity Fiduciary Due Diligence Checklist