Photo illustration: Axios Visuals. Photo: Courtesy of Simpson Thacher
Expanding 401(k) access to private markets is on trend with the proliferation of products that let average investors tap into new areas, Simpson Thacher partner Rajib Chanda tells Axios Pro.
The big picture: Private investors have to work with regulators to define how they will access the more than $12 trillion Americans have in employer-based defined contribution retirement plans.