Alternative investment refers to investing in financial and physical assets other than traditional stocks, bonds and cash.

Such as real estate, securitized assets, hedge funds, private equity funds, commodities, artworks, etc.

Among them, securitization assets include bonds based on subprime mortgages and derivative financial products of these bonds.

The strategy of alternative investment needs to be determined according to the specific situation of LP, mainly including risk-return target, liquidity restriction, difficulty in obtaining alternative assets, execution ability and so on.