Alternative investments or alts are investments in assets that are not traditional securities, such as stocks or bonds. These types of investments can include things like real estate, commodities, and private equity, including venture capital.
Alternative investments can offer diversification benefits and the potential for higher returns than traditional investments. However, they also tend to be riskier and more illiquid than stocks or bonds, so they may not be suitable for everyone. It's important to carefully consider your investment goals and risk tolerance before investing in alternative assets.
For more details on what liquidity looks like and how redemptions work for Sweater's Cashmere Fund, click here.