{"podcast":{"title":"Capital Decanted","slug":"capital-decanted-6600567","podcast_index_feed_id":6600567,"rss_url":"https://anchor.fm/s/e7ad5f9c/podcast/rss","website_url":"https://podcasters.spotify.com/pod/show/capital-decanted","image_url":"https://d3t3ozftmdmh3i.cloudfront.net/staging/podcast_uploaded_nologo/38768991/38768991-1772486646526-6b26282e2c389.jpg","author":"John Bowman and Aaron Filbeck","episode_count":47,"summary":"Say goodbye to tired market takes and superficial sound bites. Because here, instead of skimming the surface, we dive into the heart of capital allocation — striking the perfect balance and exposing the subtleties that reveal the topic’s true essence. Prepare to have your perspectives challenged as we open up the issues that resonate with the hearts and minds of those shaping asset management.","last_synced_at":null,"page_url":"https://stenobird.com/podcast/capital-decanted-6600567"},"episode":{"title":"S3 | Episode 4: Private Markets Are Coming For Your 401(k)","slug":"s3-episode-4-private-markets-are-coming-for-your-401-k","published_at":"2026-01-27T12:30:00+00:00","page_url":"https://stenobird.com/podcast/capital-decanted-6600567/s3-episode-4-private-markets-are-coming-for-your-401-k","show_page_url":"https://stenobird.com/podcast/capital-decanted-6600567","url":"https://podcasters.spotify.com/pod/show/capital-decanted/episodes/S3--Episode-4-Private-Markets-Are-Coming-For-Your-401k-e3e7gih","audio_url":"https://anchor.fm/s/e7ad5f9c/podcast/play/114589713/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fstaging%2F2026-0-26%2Fa2d40228-9d0e-77a5-0415-0a48b333e75c.mp3","summary":"The asset management industry is knocking on the door of the 401(k) system in the U.S.. While it has been the driving argument for inclusion, access alone doesn’t answer the harder questions. We step back from product hype to examine whether defined contribution plans are structurally equipped to handle illiquidity, complexity, and risk at scale. Joined by Dan Cahill of Partners Group and Drew Carrington of iCapital, we explore how global pension models, governance trade-offs, and participant behavior complicate the debate. Guests: Drew Carrington, CFA, CAIA, Managing Director, Alternatives in Retirement Portfolios, iCapital Dan Cahill, Head of US Defined Contribution, Partners Group Episode Sources","meta_description":"The asset management industry is knocking on the door of the 401(k) system in the U.S.. While it has been the driving argument for inclusion, access alone…","key_points":[],"chapters":[],"topics":[],"duration_seconds":5403,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/capital-decanted-6600567/episodes/s3-episode-4-private-markets-are-coming-for-your-401-k/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/capital-decanted-6600567/s3-episode-4-private-markets-are-coming-for-your-401-k.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}