Blackstone backs Empower’s drive to widen private markets access
Empower has partnered with Blackstone to expand private markets access across US defined contribution retirement plans.
Under the partnership, Blackstone will join Empower’s private markets investment programme, which allows plan sponsors to incorporate exposure to private equity, private credit, infrastructure, and real estate through collective investment trust structures.
The allocations are delivered via advice-based managed accounts and tailored to participants’ ris…
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