Retail Investors in Private Assets (RIPA) Working Group

Private Equity · Private Credit · Household Access

In the News

News about the expanding access to private assets for retail investors.

2026
October 9 · Citywire
Hamilton Lane plots exchange-traded share classes on evergreen range
September 30 · Bloomberg
Wall Street Regulator Moves to Expand Access to Private Funds
September 29 · Bloomberg
Goldman Private Credit Fund Avoids Redemptions Cap Again
September 28 · WealthManagement.com
DTCC Invests in iCapital, Announces Partnership
September 23 · Blackstone
Blackstone Launches BXPM – Blackstone Private Markets Fund
September 21 · CFA Institute
CFA Institute Study Finds Private Market Allocations in Defined Contribution Pension Plans Can Improve Modeled Retirement Outcomes
September 17 · Bloomberg
KKR Passes Partners Group as Europe's Top Evergreen Fund Manager
September 16 · Wall Street Journal
How BlackRock Plans to Make the Corporate 401(k) Look More Like a Pension
September 14 · InvestmentNews
Great Gray Trust Company and iCapital bring private markets into DC plans
September 4 · Financial Times
Partners Group replaces chief as fund redemptions weigh on shares
September 3 · Bloomberg
Blackstone Private Credit Fund Again Caps Redemptions at 5%
September 3 · Bloomberg
Cliffwater Caps Private Credit Fund Again After 16% Want Out
September 1 · Bloomberg Law
SEC Preps Plan to Widen Investor Access to Private Markets
August 28 · AM Best
AM Best: Unaffiliated Offshore Reinsurance Deals Drive Asset-Intensive Reinsurance Market
August 28 · ProMarket
Why Private Market Funds Are Dangerous for Retail Investors
August 26 · Wall Street Journal
Mark Walter's Troubles Are Disrupting the Insurance World's Hottest Trade
August 24 · New York Times
Los Angeles Dodgers Owner's Troubles Roil Insurance World
August 20 · PitchBook
Is the 'semiliquid' label misleading, or just an uncomfortable reality?
August 11 · InvestmentNews
Investors pull $12.7 billion from nontraded BDCs in the first half of the year
August 6 · PitchBook
Pre-IPO-focused funds slump after SpaceX debut
August 6 · PitchBook
Wall Street touts outsourced allocation ploy in bid to market private funds to individuals
July 31 · InvestmentNews
Private markets seen adding $2 trillion to advisor books within five years
July 23 · Wall Street Journal
Blackstone Rolls Out New Private-Market Funds—This Time With Vanguard
July 23 · Bloomberg
Private Credit Ditches 'Semi-Liquid' Term After Redemption Wave
July 17 · PitchBook
Big enough for its own fund-of-funds: Inside one wealth manager's own vehicle
July 16 · CFA Institute
Private Credit: Market Structure, Fund Design, & Retail Access
July 10 · PitchBook
Private wealth funds ditch the middleman for more alternatives exposure
July 10 · Department of Labor
US Department of Labor files amicus brief clarifying pleading standard for claims alleging imprudence in retirement plan investing
July 3 · Wall Street Journal
Investors Seek to Pull Nearly $16 Billion From Private-Credit Funds
July 2 · New York Times
Private Credit Can't Stop the 'Freak Out'
July 2 · New York Times
What Private Credit Is, and Why Investors Are So Worried About It
July 1 · PitchBook
Private credit's 'math problem' points to yearslong liquidity backlog
June 25 · Wall Street Journal
At This Private-Credit Fund, Exits Have Been Restricted for Four Years and Counting
June 16 · InvestmentNews
In alternatives, advisors shifting to private equity and venture cap: Morningstar
June 9 · PitchBook
Private credit adjusts retail investor message after redemption run
June 8 · InvestmentNews
Blackstone BDC redemption surge signals a warning for other funds
June 8 · Alston & Bird
Investment Funds Advisory | SEC Signals Path to Monthly Liquidity for Interval Funds
June 5 · PitchBook
Misconceptions around Partners Group's PE fund gate could slow evergreen fund launches
June 4 · CNBC
Partners Group warns it could cap more fund withdrawals after triggering private equity rout
June 4 · Wall Street Journal
Blackstone Investors Ask to Pull $4.4 Billion From Private-Credit Fund
June 4 · InvestmentNews
Partners Group flags US fund under redemption pressure as private equity withdrawal fears deepen
June 3 · Wall Street Journal
Swiss Private-Equity Giant Caps Investor Withdrawals, Sparking Share Selloff
June 3 · PitchBook
PE stocks tumble on Partners Group redemption news
June 2 · PitchBook
Private credit investors just read the fine print. Will PE be next?
May 27 · SEC
SEC Investor Advisory Committee to Host June 4 Meeting
May 26 · Wall Street Journal
For Wall Street's Private Investments, In-House Insurers Are the Go-To Buyer
May 22 · PitchBook
Wealth advisers race to serve small investors who own huge pools of capital
May 20 · Bloomberg
AllianceBernstein Teams With Brookfield, Carlyle on 401(k) Push
May 11 · PitchBook
Barbarians meet their new gatekeepers: 'wealthtech' middlemen
May 11 · InvestmentNews
Private markets face retail reset as firms push for greater transparency
May 6 · Wall Street Journal
Apollo to Give Investors Daily Pricing on Private Credit By September
May 6 · InvestmentNews
BlackRock's Aladdin, RedBlack unveil updates targeting alts gaps
May 6 · Private Equity International
The next evolution of semi-liquid structures
May 5 · Bloomberg
Private Credit Titans Take Some Blame for Skittish Retail Buyers
May 5 · New York Times
This Trump Proposal Could Result in Millions of Americans Losing Their Retirement Savings
May 3 · Bloomberg
Trillions in Retirement Dollars Flow Into Opaque Trusts
May 1 · Bloomberg
Private Credit's Retail Risk Draws Scrutiny From Global Watchdog
April 30 · Fitch Ratings
Private Letter Ratings Regulatory Scrutiny Will Pressure Weaker US Insurers
April 23 · New York Times
Private Assets May Be Coming to Your 401(k). You Should Know the Risks.
April 23 · Wall Street Journal
The Arbitrage Trade That's Making Private-Credit Withdrawals Worse
April 13 · Sidley Austin
Regulatory Update: National Association of Insurance Commissioners Spring 2026 National Meeting
April 11 · New York Times
Why Employers May Be Wary of Adding Crypto or Private Equity to 401(k)s
April 11 · Wall Street Journal
The Crazy Math Confronting Everyday Investors in Private Markets
April 10 · Financial Times
The $20bn+ exodus from private credit
April 8 · Bloomberg
Retail Investors Keep Fleeing Private Credit, and Some Firms Are Ready to Pounce
April 8 · InvestmentNews
Goldman's private credit fund sidesteps redemption crunch that hit rivals
April 7 · Wall Street Journal
Insurers' $1 Trillion Buildup in Private Credit Is Leaving Regulators in the Dust
April 6 · New York Times
This Is Starting to Look Like a Slow-Motion Bank Run
April 6 · Bloomberg
Goldman Says It's Ready to Pounce as Retail Flees Private Credit
April 6 · Bloomberg
Morgan Stanley Plans Private Credit Fund Even as Investors Flee
April 3 · Bloomberg
Did 401(k) 'Innovation' Just Get Set Up to Fail?
April 3 · Wall Street Journal
What's a Private-Credit Fund Worth When the Money Is Locked Up?
April 2 · Bloomberg
Private Assets in 401(k)s Is Win for Wall Street But Not Investors, Critics Say
April 2 · InvestmentNews
Blue Owl BDCs limit client buybacks after customers seek to cash out
April 1 · The Economist
A guide to the private-credit crisis
April 1 · Wall Street Journal
He Brought Private Credit to the Masses. Now the Masses Are Fleeing.
April 1 · Bloomberg
KKR Curbs Redemptions in Non-Traded Private Credit Retail Fund
March 30 · Bloomberg
Private Equity Would Get Easier Path to 401(k)s In US Proposal
March 30 · New York Times
401(k) Plans Could Add Riskier Investments Under a New Rule
March 30 · Department of Labor
US Department of Labor proposes landmark rule to democratize access to alternative investments in 401(k) plans
March 26 · Bloomberg
Private Credit Turmoil Has Retail Investors Eyeing the Exits
March 26 · Wall Street Journal
The Private-Credit Industry's Trouble: Surging Redemptions, Slower Fundraising
March 24 · New York Times
New Limits on Investors and a Debt Downgrade Add to Private Credit Woes
March 23 · CNBC
Apollo gives investors only 45% of requested withdrawals from $15 billion private credit fund
March 20 · Wall Street Journal
How Keeping Private Credit Safe Became Iowa's Problem
March 19 · Bloomberg
Oak Hill Bets on Private Credit Rebound With Retail Fund Launch
March 19 · SEC
Capital, Choice, and the Pursuit of Happiness: Remarks at The SEC Speaks in 2026
March 18 · InvestmentNews
Private credit jitters ripple to funds with consumer loan holdings
March 16 · InvestmentNews
Envestnet brings interval funds onto UMA platform as focus sharpens on private credit
March 13 · InvestmentNews
Wealth managers still keeping an eye on private credit mess as Iran war roils market
March 12 · InvestmentNews
Morgan Stanley, JPMorgan turn cautious on private credit as redemptions surge
March 11 · Bloomberg
Morgan Stanley Limits Redemptions on Private Credit Fund
March 8 · Bloomberg
Private Credit's Gate-Crashers Are Forcing Funds Into a Brutal Spot
March 7 · Wall Street Journal
BlackRock Sticks to Redemption Minimum on Credit Fund, Sends Shares Lower
March 6 · Financial Times
BlackRock limits redemptions at private credit fund as outflows swell
March 6 · Reuters
BlackRock fund limits withdrawals as redemptions rattle private credit
March 3 · Reuters
Blackstone hit by surge in withdrawals from flagship private credit fund
February 27 · Bloomberg
Goldman Says It's Unlike Private Credit Peers Hit by Redemptions
February 27 · InvestmentNews
Allocate taps advisor demand for fund exposure to OpenAI, Anthropic
February 27 · InvestmentNews
From boom to bust: BDC sales tank in the midst of market turmoil for private credit
February 26 · Wall Street Journal
Blue Owl Fallout Sets Off Retail-Investor Panic. Their Advisers Are Urging Calm.
February 26 · Buyouts
LPs highlight red flags around retail capital flowing into traditional PE
February 26 · SEC
SEC Announces Roundtable on Private Markets Valuation As Retail Investor Access Accelerates
February 24 · InvestmentNews
Private no more! Blue Owl’s struggles have advisors publicly debating the merits of private credit
February 20 · InvestmentNews
Blue Owl asset sale sends shockwaves through private credit as liquidity concerns intensify
February 19 · CNBC
Blue Owl curbs investor liquidity following asset sale, shares slide almost 6%
February 19 · New York Times
Blue Owl Sets Off New Private Credit Fears
February 19 · Private Equity International
Brookfield builds up team dedicated to 401(k) opportunities
February 18 · Bloomberg
The 401(k) Takeover: Private Equity Muscles In on Retirement
February 11 · Bloomberg
Private Equity Wants In On Your 401(k). This Lawyer Is Ready to Fight
February 10 · InvestmentNews
YCharts adds Hamilton Lane private markets benchmarks as advisors seek better data
February 6 · Bloomberg
Private Markets Face a Tense Moment With Retail Push on the Line
January 29 · Bloomberg
BlackRock, Partners Group Debut Private-Asset Account for Wealth
January 25 · Harvard Law Forum
26 Trends Affecting Capital Markets in 2026
January 16 · Wall Street Journal
Why This CEO Won't Let Private Funds Near His Company's 401(k)
2025
November 27 · Financial Times
Buyout executive warns private equity push into US savings risks bailouts
November 21 · Wall Street Journal
Private Equity's Embrace of the Mass Market Alarms Longtime Investors
November 17 · Bloomberg
Private Assets in 401(k)s a Modest Help for Investors, Study Finds
November 17 · PitchBook
Morgan Stanley joins ELTIF 2.0 rush with semi-liquid private markets fund
November 17 · PitchBook
CVC raises extra 69% from individual investors as it courts private wealth
November 16 · Financial Times
Blue Owl private credit fund merger leaves some investors facing 20% hit
November 13 · CFA Institute
Private Markets: Why Retail Investors Should Stay Away
November 10 · Financial Times
Robinhood wants to allow amateur traders to invest in AI start-ups
November 4 · Financial Times
Private equity investor body sounds alarm over rush of retail money
November 4 · PitchBook
Apollo sharpens focus on next level of individual investors
November 4 · ILPA
ILPA Retail Capital Analysis
October 30 · Wall Street Journal
JPMorgan Tokenizes Private-Equity Fund on Its Own Blockchain
October 29 · Private Equity International
CVs account for nearly one-fifth of sponsor-backed exits
October 27 · Financial Advisor
Blackstone And Apollo Court Small-Time Investors They Used To Snub
October 24 · National Law Review
SEC's Strategic Shift to Expand Retail Investors' Access to Private Assets
October 20 · Private Equity International
Democratisation & Transparency: How alternative assets are readying for individual investors
October 16 · Wall Street Journal
Blackstone Joins Race to Bring Private Assets to 401(k) Market
October 15 · Blackstone
Blackstone launches defined contribution business unit
October 15 · Private Equity International
Private equity better suited to non-retirement portfolios than 401(k)s
October 12 · Wall Street Journal
Wall Street Is Pushing Private Assets Into 401(k)s. We Asked Whether Anyone Wants Them.
October 8 · Institutional Investor
How an SNL Sketch Gets It Right and Informs the Debate Around Private Markets in 401(k) Plans
October 2 · PitchBook
LSEG offers private market trading to crowdfunding investors
October 1 · Private Equity International
Retailisation of PE: Why embracing innovation will be key
September 30 · Private Equity International
S&P 500 owner partners with NewVest to launch private equity indices
September 29 · Davis Polk
Bringing alternative assets to retirement accounts: Four steps the administration should prioritize
September 24 · Bloomberg
Schwab Wants to Add More Private-Firm Investments, CEO Says
September 22 · Financial Times
Private equity groups warn of mis-selling as sector opens up to individual investors
September 19 · SEC
Speech by Commissioner Caroline Crenshaw
September 15 · TechCrunch
Robinhood plans to launch a startups fund open to all retail investors
September 15 · Bloomberg
Mutual Fund Titans Plowed Into Private Markets. It Isn't Working
September 8 · PitchBook
Hargreaves Lansdown, Schroders to offer UK retail investors private markets exposure
September 4 · Yahoo Finance
Goldman takes $1 billion stake in T. Rowe to tap retirement money
September 4 · Financial Times
CVC targets 401k retirement market after Trump opens pensions to private equity
September 2 · Wall Street Journal
Yale's Trendsetting Private-Equity Strategy Is Getting Harder to Pull Off
August 25 · Business Insider
Investors warn AI FOMO could be fueling a risky bubble in companies like OpenAI and Anthropic
August 25 · Financial Times
Private equity fundraising slides as sector's downturn deepens
August 20 · Financial Times
Thoma Bravo secures leeway from backers to hand slice of PE deals to other investors
August 19 · Wall Street Journal
Private Equity Firms' Stocks Are Struggling, Despite Getting Into 401(k)s
August 13 · Bloomberg
Private Equity's Latest Financial Alchemy Is Worrying Investors
August 13 · Wall Street Journal
How One Big Private-Equity Fund Makes Its Numbers Incomprehensible
August 12 · Financial Times
Trump administration takes next step to open U.S. retirement pots to investing in private equity
July 26 · Wall Street Journal
Americans See Their 401(k)s Not Just as Nest Eggs but as Rainy Day Funds
June 26 · Wall Street Journal
BlackRock Deepens Push Into Private Investments for the Masses
May 23 · Financial Times
Private equity's retail push crops up in unexpected places
May 16 · Wall Street Journal
This New Investing Idea Isn't Right for Your Retirement Plan
May · The Economist
The risky world of private assets opens up to retail investors
April 24 · Deloitte
Increasing retail client exposure to private capital investing
February 14 · Financial Times
Private equity should be wary of wooing retail investors
2020
February 25 · Morningstar
The Cons (and Pros) of Vanguard's Decision to Offer Private Equity