Employee Benefits & Executive Compensation Blog

The View from Proskauer on Developments in the World of Employee Benefits, Executive Compensation & ERISA Litigation

Andrea E. Ewalefo

Andrea Ewalefo is a law clerk in the Labor Department and a member of the Employee Benefits & Executive Compensation Group.

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DOL Statement on Private Equity Investment Emphasizes Fiduciary Responsibility

By Ira G. Bogner, Seth Safra, Adam Scoll, Nicholas LaSpina and Andrea E. Ewalefo on January 14, 2022 Posted in ERISA Coverage

On December 21, 2021, the Department of Labor (the “DOL”) published a Supplemental Statement (the “Supplemental Statement”) to its June 3, 2020 Information Letter (the “2020 Letter”) addressing fiduciary considerations for including private equity within an investment option under an ERISA-covered defined contribution plan (e.g., a 401(k) or 403(b) plan). In response to questions and … Continue Reading

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