Section

Alternative Investments

Editorial artwork for Gold and Precious Metals: The Original Passion Asset
Alternative Investments

Gold and Precious Metals: The Original Passion Asset

How to invest in gold and precious metals: bullion, coins, and ETFs, the inflation and crisis hedge case, costs, the 2024-2025 run, plus silver and platinum.

Masterworks Research · Jul 2, 2026 · 16 min
Editorial artwork for What Are Alternative Investments? A Complete Guide for 2026
Alternative Investments

What Are Alternative Investments? A Complete Guide for 2026

A 2026 guide to alternative investments: private equity, private credit, real estate, hedge funds, gold, collectibles, and art, why allocators use them, and the tradeoffs.

Masterworks Research · Jul 2, 2026 · 14 min
Editorial artwork for Fund of Funds: Pros, Cons, and the Double Layer of Fees
Alternative Investments

Fund of Funds: Pros, Cons, and the Double Layer of Fees

A fund of funds buys diversification and manager access, but it adds a second fee layer on top of the underlying funds. Here is the math and when it pays off.

Masterworks Research · Jul 2, 2026 · 14 min
Editorial artwork for What Is Private Equity? How It Works and How to Invest
Alternative Investments

What Is Private Equity? How It Works and How to Invest

A plain explainer of private equity: buyouts vs growth equity, LP and GP fund structure, capital calls, the J-curve, IRR vs MOIC, returns, and access routes.

Masterworks Research · Jul 2, 2026 · 17 min
Editorial artwork for What Is Private Credit? The Fastest-Growing Alternative Asset Class
Alternative Investments

What Is Private Credit? The Fastest-Growing Alternative Asset Class

Private credit is non-bank lending to companies, now a roughly $3 trillion market. We explain how direct lending works, why it boomed after 2022, the yields, the risks, and how art-secured lending fits in.

Masterworks Research · Jul 2, 2026 · 16 min
Editorial artwork for Carried Interest Explained: How Fund Managers Get Paid
Alternative Investments

Carried Interest Explained: How Fund Managers Get Paid

Carried interest is the share of fund profits a manager keeps, usually 20% above an 8% hurdle. How the waterfall, catch-up, taxes, and alignment work.

Masterworks Research · Jul 2, 2026 · 17 min