If you qualify, you can invest directly in private partnerships.
"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
: You must contact the fund manager or work through a private wealth advisor at a firm like Merrill Lynch or J.P. Morgan .
: Over $200,000 individually (or $300,000 jointly) in each of the two most recent years, with the expectation of the same this year.