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Kiplinger
Kiplinger
Business
Anne Kates Smith

The Private Assets Held in Public Companies

Guy in hedges with binoculars.

You've probably heard a lot about investing in private equity and debt markets lately. Private assets may even be an option in your 401(k) soon, per an August White House executive order to make them more accessible to individual investors.

These investments can provide portfolio diversification and above-average returns — but they come with formidable caveats: They’re complex, less than transparent, illiquid and sport high fees.

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