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:
: Over $1 million (individually or with a spouse/partner), excluding your primary residence. 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. Directly buying into a private hedge fund requires
"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 as of April 2026