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Alternative Asset Class

An asset class that includes non-traditional types of assets such as real assets, funds, private equity, etc. Alternative asset classes encompass financial assets of companies that are not readily tradable through organized exchanges and over-the-counter markets (e.g., real estate, hedge funds, portfolios, etc.) These assets are viewed as alternatives to the traditional asset classes (such as stocks, bonds, shares in mutual funds, etc.) that are typically highly marketable and liquid.


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