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Private equity in your 401(k)?

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Private equity for ordinary investors may be on the horizon.

FORTUNE -- Last year I wrote that private equity firms eventually would find a way to let non-millionaires into their funds, as traditional capital sources like public employee pensions and corporate defined benefit plans continued to fade. It seems to be happening faster than I imagined.

Fortune has learned that at least one veteran private equity adviser is working on a new product MORE


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