For decades, private equity has generally been confined to pension funds, university endowments and the ultra-wealthy, but that's beginning to change. Without much publicity, private equity is starting to find its way into 401(k) plans — not as a fund you can easily select, but embedded inside target-date funds and other diversified portfolios that millions of workers already use.
For retirement savers, this raises an important question: If private equity is showing up in your 401(k), how does it affect you, and what should you be paying attention to?
