Hedge Funds | Buy

"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

: Over $1 million (individually or with a spouse/partner), excluding your primary residence.

Directly buying into a private hedge fund requires you to be an . In the United States, as of April 2026, this typically requires meeting one of the following SEC criteria: buy hedge funds

: Over $200,000 individually (or $300,000 jointly) in each of the two most recent years, with the expectation of the same this year.

Investing in hedge funds is traditionally reserved for wealthy or "sophisticated" individuals, but there are several ways to gain exposure to their strategies depending on your financial status. ⚖️ Investor Qualifications In the United States, as of April 2026,

: You must contact the fund manager or work through a private wealth advisor at a firm like Merrill Lynch or J.P. Morgan .

If you qualify, you can invest directly in private partnerships. Morgan

: Holding certain financial licenses like the Series 7, 65, or 82 . 🛠️ How to Buy: Three Primary Paths 1. Direct Investment (Accredited Investors Only)