2026-02-18
18 分钟In the mid-2010s, a little-known Swiss private equity firm called Partners Group was on a mission.
They had basically gone from hit to hit.
And now they were focused on a new opportunity with enormous upside.
Since early in President Donald Trump's first administration,
Partners Group has been lobbying to open retirement plans to private equity.
and they've really seen the opportunity to tap tens of millions of new customers.
That's CFT's U.S.
Private Equity and Deals Editor, Antoine Guerra.
He tells me that this change from the Trump administration would be building on the bedrock of partners' business.
It takes a while, but last August, they finally got their wish.
A potential big change is coming to your 401k.
Today,
President Donald Trump signed an executive order that could make it easier for 401k plans to offer alternative investment options,
including private equity.
After years of lobbying, Trump last year signed an executive order that really may reshape the U.S.
retirement market.
It opens 401k plans and other retirement plans to the possibility of adding a lot of illiquid assets like cryptocurrencies,
real estate deals, hedge funds, but mostly it's about private equity and private credit.
That's where the action is going to be.
But a lot's changed in the near decade since the firm first started its lobbying push.