☕ Added risk

Q: Labor Department proposed allowing private credit and private equity in 401(k) plans, potentially di

Labor Department proposed allowing private credit and private equity in 401(k) plans, potentially directing $12 trillion in retirement funds to alternative assets.

Q: Private credit funds are currently struggling with investor withdrawals and limited cashouts amid co

Private credit funds are currently struggling with investor withdrawals and limited cashouts amid concerns about AI undermining their software company investments.

Q: Trump threatened to obliterate Iran's energy infrastructure unless the Strait of Hormuz reopens, pus

Trump threatened to obliterate Iran's energy infrastructure unless the Strait of Hormuz reopens, pushing oil prices above $100 per barrel.

Morning Brew·Tuesday, March 31, 2026·10 min read

Finance Business

Share𝕏 in

AI Summary

The Labor Department proposed a rule allowing private credit and private equity investments in 401(k) retirement plans, responding to Trump's executive order to democratize private market access. Critics warn these assets are less liquid and performing poorly, with several private credit funds recently limiting cashouts amid AI-related concerns.

Key Facts

✓Labor Department proposed allowing private credit and private equity in 401(k) plans, potentially directing $12 trillion in retirement funds to alternative assets.

✓Private credit funds are currently struggling with investor withdrawals and limited cashouts amid concerns about AI undermining their software company investments.

✓Trump threatened to obliterate Iran's energy infrastructure unless the Strait of Hormuz reopens, pushing oil prices above $100 per barrel.

Author Takes

BearishMorning Brew

private assets in 401(k)s

There's no way 401(k) managers can negotiate the low fees enjoyed by large investors in private markets

More from Morning Brew

☕ Rise of the clones

Morning Brew covers Hollywood's opposition to Paramount's $111 billion takeover of Warner Bros Discovery, with over 1,000 creators expressing concerns

Apr 14

☕ Flip the leverage

President Trump announced a US blockade of the Strait of Hormuz after peace talks with Iran collapsed in Pakistan. Hungarian PM Viktor Orbán lost his

Apr 13

☕ Investing Brew

Gen Z is investing earlier and more frequently than previous generations, driven by mobile apps and social media financial influencers. The percentage

Apr 12