Alternative Investment Features, Methods, and Structures
Free CFA Level I lesson in Alternative Investments. 12 min read, ~1,797 words.
Five categories: hedge funds, private capital (PE + private debt), real estate, infrastructure/natural resources, commodities. Three access methods: fund (easy, high fees), co-investment (selective deals, reduced fees), direct (full control, full burden). "2 and 20" = 2% management fee plus 20% carry above a hurdle. Waterfall order: return of capital...
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What this lesson covers
- Content
- Example 1
- Example 2
- Common Mistakes
- Key Takeaways
- Exam Shortcuts
Learning objectives
- features methods and structures
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