# Alternative Investments

*Saving & Investing — Finicade finance glossary*

Alternatives are investments outside listed stocks, bonds and cash: private equity, hedge funds, venture capital, property, infrastructure, commodities.

Alternatives are investments outside listed stocks, bonds and cash: private equity, hedge funds, venture capital, property, infrastructure, commodities, collectibles. The pitch is diversification and access to returns unavailable in public markets. The costs are fees measured in whole percentage points, lock-ups of years, and valuations that are estimated rather than observed — which flatters reported volatility, since an asset that isn't priced daily can't appear to fall daily.

**Also known as:** alternatives, alts, private markets

**Related terms:** [Private Equity](https://finicade.com/glossary/private-equity), [Hedge Fund](https://finicade.com/glossary/hedge-fund), [Real Estate](https://finicade.com/glossary/real-estate), [Liquidity](https://finicade.com/glossary/liquidity), [Asset Class](https://finicade.com/glossary/asset-class), [Venture Capital](https://finicade.com/glossary/venture-capital)

**Taught in:** Charter Climb — The Markets Exam

Source: https://finicade.com/glossary/alternative-investments