Stephanie Lang, a senior analyst in the investment department at Homrich Berg Wealth Management in Atlanta, said her firm's typical client portfolio contains about 30% in alternative investments-roughly 25% in hedged products using funds of funds or '40 Act funds, and the rest in private equity vehicles.
But as numerous speakers noted many times over during the conference, performing sufficient due diligence on the managers providing alternative investments is Job One when it comes to investing in this space.