Private Thoughts: DC Plan Participants Warm to Private Markets

Private markets are gaining traction in defined contribution plans as sponsors look for new ways to improve diversification and long-term retirement outcomes.

The survey suggests participants are more open to these assets once they understand them better, even though many still have only limited familiarity today.

Interest is being supported by professionally managed solutions, such as target-date funds, which can make private equity, credit and real estate easier to access while keeping the experience simple for investors.

Key risks remain around fees, liquidity and complexity, but clearer regulation and stronger plan governance may help reduce those concerns over time.