The hard work of democratization in PE/VC land

Greg Bassuk, the chief executive of AXS Investments, is riding a wave that perhaps began over one-year ago with the U.S. Department of Labor’s letter regarding access to private investments in defined contribution plans.

In his view, the drive for greater access is key for all types of investors to institutional-quality portfolios and strategies. This access not only smooths returns, it also offers opportunities for stronger long-term performance.

Bassuk observed that AXS offers the only ’40 Act fund . . .

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