Alternatives

This handles alternative investment analysis when you're dealing with hedge funds, private equity, or venture capital questions. It covers the classic strategies (long/short equity, global macro, event-driven), fee structures like 2-and-20 with hurdle rates and high-water marks, and PE-specific metrics including IRR, TVPI, and DPI. The J-curve explanation is solid for understanding early-stage PE fund dynamics. Trigger it when users mention carried interest, capital calls, illiquidity premiums, or vintage year effects. The due diligence section is practical, focusing on operational risk and factor exposure over generic manager evaluation. Useful for financial analysts who need to explain why a 2% management fee plus 20% performance fee can consume 45% of gross returns, or why spreading PE commitments across vintage years matters for risk management.

Install to Claude Code

npx -y skills add joellewis/finance_skills --skill alternatives --agent claude-code