Performance Measurement for Alternative Investments Portfolios

Abstract

In this article, the author explains the methods for altering critical facets of the traditional performance measurement framework to handle the unique attributes and challenges associated with alternative investments. The practices described in this article are already used in the alternative investment industry. Due to the expansion of traditional asset manager product lines to alternatives and the expanded use of vehicles enabling wealth managers and individual investors access to private markets, many analysts are interested in a primer on enhancing their performance measurement process.