: Over $1 million (individually or with a spouse/partner), excluding your primary residence.
"Liquid alternatives" or hedge fund ETFs replicate professional strategies (like long/short equity or merger arbitrage) but trade on public exchanges. The basics of hedge funds - Merrill Lynch buy hedge funds
: Over $200,000 individually (or $300,000 jointly) in each of the two most recent years, with the expectation of the same this year. : Over $1 million (individually or with a
If you qualify, you can invest directly in private partnerships. 000 individually (or $300
: Typically follow a "2 and 20" structure—a 2% annual management fee and a 20% performance fee on profits. Minimums : Often range from $100,000 to $2 million. 2. Hedge Fund ETFs (Available to All)