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GSAM eyes private equity investments for DC plans

The US fund manager is in the early stages of reviewing ways to bring the products to 401(k) retirement plans in the US

Goldman Sachs Asset Management is exploring ways to provide private equity investments to defined contribution pension plans, according to two people familiar with the matter, joining a handful of fund managers making moves into the market.

The US fund manager is in the early stages of reviewing ways to bring the products to retirement plans in the US known as 401(k)s, the people said. There are no concrete plans to launch products, they added.

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