State Street Eyes Liquid Alts Expansion: CFO
STP’s Director of Fund Services, David Goldstein was recently quoted in Ignites in an article titled “State Street Eyes Liquid Alts Expansion: CFO.”
The article highlights State Street’s growing interest in liquid alternatives and the operational and regulatory challenges firms face when integrating private market exposure into defined contribution plans. David shared his perspective on what firms need to succeed in this space:
Firms looking to compete in the defined contribution space are going to need expertise in Employee Retirement Income Security Act, or Erisa, law; strong regulatory infrastructure; and the ability to properly communicate and explain alternative and private investments to plan sponsors and retirement savers, said David Goldstein, director of fund services at STP Investment Services.
Read the full article on Ignites.