New Government Directive to Promote Investing in Private Equity, Real Estate and Crypto in 401(k) Accounts Potentially Unlocking Trillions

President Donald Trump signed an executive order yesterday paving the way for 401(k) and other defined-contribution plans to include alternative assets such as private equity, real estate, and cryptocurrencies. The directive instructs regulators to revise rules that could unlock up to $12 trillion from investors previously shut out of private markets. This creates a significant opportunity for private fund managers to expand capital inflows—provided they act swiftly, structure scalable offerings, and maintain strict regulatory and operational discipline.