Private Capital Firms to Break Into 401(k) Retirement Plans

Welcome to Going Private, Bloomberg’s twice-weekly newsletter about private markets and the forces moving capital away from the public eye. Today, we’re looking at the latest push to bring private assets into 401(k) retirement funds and concerns in enterprise software. Plus, private credit managers took to Nashville to debate the benefits of size and scale. If you’re not already on our list, sign up here. Have feedback? Email us at goingprivate@bloomberg.net — Isabella Farr and Davide Scigliuzzo

As alternative asset managers have swelled, they’ve started to search near and far for more funds. They’ve tapped individual investor pockets, traditional family offices, even Australian retirement funds.