Deep Dive: CFA® Level I Prep 2026

ALT - Alternative Investment Features, Methods, and Structures


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Why alternatives? They promise higher expected returns andlower correlations—but at the cost of liquidity, longer holding periods andspecialised know-how. This module:

  • Distils the three big categories — private capital, real assets and hedge funds.
  • Compares fund, co-investment and direct routes, showing how control, fees and effort shift across methods.
  • Explains ownership & compensation structures (limited partnerships, trusts, LLCs) and why performance-based fees align managers and investors.

The perfect launch-pad for everything that follows.

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Deep Dive: CFA® Level I Prep 2026By Deep Dive Prep

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