Washington plans to open private funds to more investors

Acting chair of the Securities and Exchange Commission Mark Uyeda is looking for ways to open private markets to retail investors. (Image: Supplied)

The Wall Street Journal

Fri, 07 Mar 2025

By Chris CummingThe new leadership in Washington has declared plans to fulfill a longtime policy goal for private-equity managers: expanding the pool of ordinary people who can invest in the asset class.In a speech last week, the acting chair of the Securities and Exchange Commission (SEC), Mark Uyeda, announced a firm break with Biden administration policy and said he was seeking ways to open private markets to so-called retail investors. These are the broad mass of Americans who don’t meet the wealth thresholds to invest in private...

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