{"id":10795,"date":"2026-09-22T06:00:00","date_gmt":"2026-09-21T21:00:00","guid":{"rendered":"https:\/\/triumphmind.com\/cfa\/2026\/09\/22\/cfa-l1-alt-lm1\/"},"modified":"2026-09-22T07:44:03","modified_gmt":"2026-09-21T22:44:03","slug":"cfa-l1-alt-lm1","status":"publish","type":"post","link":"https:\/\/triumphmind.com\/cfa\/2026\/09\/22\/cfa-l1-alt-lm1\/","title":{"rendered":"\u3010CFA\u00ae\ufe0e L1 Alternatives LM1\u3011Alternative Investment Features, Methods, and Structures \u3092\u8981\u70b9\u89e3\u8aac\uff5c\u30aa\u30eb\u30bf\u30ca\u30c6\u30a3\u30d6\u6295\u8cc7\u306e\u5206\u985e\u30fb\u6295\u8cc7\u624b\u6cd5\u30fbLP\u69cb\u9020\u30fb\u5831\u916c\u4f53\u7cfb"},"content":{"rendered":"<style>\n.cfalm-los{counter-reset:los;list-style:none;padding:0!important;margin:1em 0!important}\n.cfalm-los li{border:1px solid #d5d9e3;border-left:4px solid #172152;border-radius:4px;padding:.8em 1em!important;margin:0 0 .8em!important;background:#fff}\n.cfalm-los li::before{display:none!important;content:none!important}\n.cfalm-los .ja{display:block;font-weight:bold;color:#172152;line-height:1.6}\n.cfalm-los .en{display:block;font-size:.85em;color:#667;margin-top:.3em;line-height:1.5;word-break:normal!important;overflow-wrap:anywhere}\n.cfalm-sum{background:#f6f7fb;border-radius:6px;padding:1em 1.2em!important;margin:1em 0!important;list-style:none!important}\n.cfalm-sum li{position:relative;margin:.4em 0!important;padding:0 0 0 1.1em!important;line-height:1.7;list-style:none!important}.cfalm-sum li::before{content:\"\"!important;display:block!important;position:absolute!important;left:0!important;top:.7em!important;width:6px!important;height:6px!important;border-radius:50%!important;background:#172152!important;border:none!important;transform:none!important}\n.cfalm-f{background:#f6f7fb;border-left:4px solid #172152;padding:.7em 1em;margin:.8em 0;font-family:\"Menlo\",\"Consolas\",monospace;font-size:.95em;overflow-x:auto}\n.cfalm-nav{background:#f6f7fb;padding:1em 1.2em;border-radius:6px;margin:1em 0;word-break:normal;overflow-wrap:anywhere}\n<\/style>\n<div class=\"box05\">\n<p>Learning Module 1\u300cAlternative Investment Features, Methods, and Structures\uff08\u30aa\u30eb\u30bf\u30ca\u30c6\u30a3\u30d6\u6295\u8cc7\u306e\u7279\u5fb4\u3068\u69cb\u9020\uff09\u300d\u306f\u3001\u30aa\u30eb\u30bf\u30ca\u30c6\u30a3\u30d6\u6295\u8cc7\u306e\u7279\u5fb4\u3068\u4e3b\u306a\u5206\u985e\u3001\u30d5\u30a1\u30f3\u30c9\u6295\u8cc7\u30fb\u5171\u540c\u6295\u8cc7\u30fb\u76f4\u63a5\u6295\u8cc7\u306e\u6bd4\u8f03\u3001\u305d\u3057\u3066\u30ea\u30df\u30c6\u30c3\u30c9\u30fb\u30d1\u30fc\u30c8\u30ca\u30fc\u30b7\u30c3\u30d7\u3092\u4e2d\u5fc3\u3068\u3057\u305f\u6240\u6709\u69cb\u9020\u3068\u5831\u916c\u4f53\u7cfb\u3092\u6271\u3046\u5358\u5143\u3067\u3059\u3002<\/p>\n<p>\u672c\u8a18\u4e8b\u3067\u306f\u3001\u6700\u65b0\u7248\u30ab\u30ea\u30ad\u30e5\u30e9\u30e0\u306eLOS\uff08Learning Outcome Statement\uff09\u3068\u3001\u3053\u306e\u5358\u5143\u306e\u91cd\u8981\u8ad6\u70b9\u3092\u65e5\u672c\u8a9e\u3067\u6574\u7406\u3057\u307e\u3057\u305f\u3002<\/p>\n<\/div>\n<h2>LM1\u306eLOS\uff08\u5b66\u7fd2\u76ee\u6a19\uff09<\/h2>\n<p>LOS\u306f\u3001\u3053\u306e\u5358\u5143\u3067\u300c\u3067\u304d\u308b\u3088\u3046\u306b\u306a\u308b\u3079\u304d\u3053\u3068\u300d\u3068\u3057\u3066\u793a\u3055\u308c\u3066\u3044\u308b\u5b66\u7fd2\u76ee\u6a19\u3067\u3059\u3002LM1\u306b\u306f3\u3064\u306eLOS\u304c\u3042\u308a\u307e\u3059\u3002<\/p>\n<ol class=\"cfalm-los\">\n<li><span class=\"ja\">LOS 1\uff1a\u30aa\u30eb\u30bf\u30ca\u30c6\u30a3\u30d6\u6295\u8cc7\u306e\u7279\u5fb4\u3068\u5206\u985e\u3092\u8aac\u660e\u3059\u308b<\/span><span class=\"en\">describe features and categories of alternative investments<\/span><\/li>\n<li><span class=\"ja\">LOS 2\uff1a\u30aa\u30eb\u30bf\u30ca\u30c6\u30a3\u30d6\u6295\u8cc7\u306b\u304a\u3051\u308b\u76f4\u63a5\u6295\u8cc7\u3001\u5171\u540c\u6295\u8cc7\u3001\u30d5\u30a1\u30f3\u30c9\u6295\u8cc7\u306e\u5404\u624b\u6cd5\u3092\u6bd4\u8f03\u3059\u308b<\/span><span class=\"en\">compare direct investment, co-investment, and fund investment methods for alternative investments<\/span><\/li>\n<li><span class=\"ja\">LOS 3\uff1a\u30aa\u30eb\u30bf\u30ca\u30c6\u30a3\u30d6\u6295\u8cc7\u3067\u4e00\u822c\u7684\u306b\u7528\u3044\u3089\u308c\u308b\u6295\u8cc7\u306e\u6240\u6709\u69cb\u9020\u3068\u5831\u916c\u4f53\u7cfb\u3092\u8aac\u660e\u3059\u308b<\/span><span class=\"en\">describe investment ownership and compensation structures commonly used in alternative investments<\/span><\/li>\n<\/ol>\n<h2>LM1\u306e\u307e\u3068\u3081<\/h2>\n<p>\u3053\u306e\u5358\u5143\u306e\u8981\u70b9\u3092\u307e\u3068\u3081\u308b\u3068\u3001\u6b21\u306e\u3068\u304a\u308a\u3067\u3059\u3002<\/p>\n<ul class=\"cfalm-sum\">\n<li>\u30aa\u30eb\u30bf\u30ca\u30c6\u30a3\u30d6\u6295\u8cc7\u306f\u3001\u4f1d\u7d71\u7684\u8cc7\u7523\uff08\u4e0a\u5834\u682a\u5f0f\u30fb\u50b5\u5238\u30fb\u73fe\u91d1\uff09\u306e\u4fdd\u6709\u4ee5\u5916\u306e\u6295\u8cc7\u3067\u3001\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30fb\u30ad\u30e3\u30d4\u30bf\u30eb\u3001\u5b9f\u7269\u8cc7\u7523\u3001\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9\u3092\u542b\u3080<\/li>\n<li>\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30fb\u30ad\u30e3\u30d4\u30bf\u30eb\u306f\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30fb\u30a8\u30af\u30a4\u30c6\u30a3\u3068\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30fb\u30c7\u30c3\u30c8\u3001\u5b9f\u7269\u8cc7\u7523\u306f\u4e0d\u52d5\u7523\u30fb\u30a4\u30f3\u30d5\u30e9\u30fb\u5929\u7136\u8cc7\u6e90\u304b\u3089\u6210\u308b\u3002\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9\u306f\u4f1d\u7d71\u7684\u8cc7\u7523\u3068\u30aa\u30eb\u30bf\u30ca\u30c6\u30a3\u30d6\u8cc7\u7523\u306e\u4e21\u65b9\u306b\u6295\u8cc7\u3057\u5f97\u308b\u30d5\u30a1\u30f3\u30c9\u3067\u3001\u30ec\u30d0\u30ec\u30c3\u30b8\u3084\u30c7\u30ea\u30d0\u30c6\u30a3\u30d6\u306a\u3069\u3092\u7528\u3044\u308b\u904b\u7528\u624b\u6cd5\u306b\u7279\u5fb4\u304c\u3042\u308b<\/li>\n<li>\u6295\u8cc7\u5bb6\u306f\u5206\u6563\u52b9\u679c\u306e\u5411\u4e0a\u3084\u671f\u5f85\u30ea\u30bf\u30fc\u30f3\u306e\u5f15\u304d\u4e0a\u3052\u3092\u76ee\u7684\u306b\u30aa\u30eb\u30bf\u30ca\u30c6\u30a3\u30d6\u6295\u8cc7\u3092\u691c\u8a0e\u3059\u308b\u304c\u3001\u6295\u8cc7\u671f\u9593\u306e\u9577\u3055\u3001\u6d41\u52d5\u6027\u306e\u4f4e\u3055\u3001\u5e02\u5834\u52b9\u7387\u6027\u306e\u4f4e\u3055\u3092\u4f34\u3046<\/li>\n<li>\u30d5\u30a1\u30f3\u30c9\u6295\u8cc7\u3067\u306f\u6295\u8cc7\u306e\u7ba1\u7406\u30fb\u904b\u7528\u3092\u5916\u90e8\u306b\u5168\u9762\u7684\u306b\u59d4\u306d\u308b\u4ee3\u308f\u308a\u306b\u5831\u916c\u304c\u76f8\u5bfe\u7684\u306b\u9ad8\u304f\u3001\u5171\u540c\u6295\u8cc7\u3084\u76f4\u63a5\u6295\u8cc7\u3067\u306f\u6295\u8cc7\u5bb6\u306e\u624b\u9593\u3068\u95a2\u4e0e\u304c\u5897\u3048\u308b\u4ee3\u308f\u308a\u306b\u5831\u916c\u304c\u76f8\u5bfe\u7684\u306b\u4f4e\u3044<\/li>\n<li>\u4e00\u822c\u7684\u306a\u69cb\u9020\u306f\u30ea\u30df\u30c6\u30c3\u30c9\u30fb\u30d1\u30fc\u30c8\u30ca\u30fc\u30b7\u30c3\u30d7\u3067\u3001\u904b\u7528\u8005\u304c\u30b8\u30a7\u30cd\u30e9\u30eb\u30fb\u30d1\u30fc\u30c8\u30ca\u30fc\uff08GP\uff09\u3001\u6295\u8cc7\u5bb6\u304c\u30ea\u30df\u30c6\u30c3\u30c9\u30fb\u30d1\u30fc\u30c8\u30ca\u30fc\uff08LP\uff09\u3068\u3057\u3066\u5f79\u5272\u3092\u67d4\u8edf\u306b\u5206\u62c5\u3057\u3001\u7ba1\u7406\u5831\u916c\u3068\u6210\u529f\u5831\u916c\u3092\u542b\u3080\u8907\u96d1\u306a\u5831\u916c\u4f53\u7cfb\u3092\u6301\u3064<\/li>\n<li>\u307b\u304b\u306e\u69cb\u9020\u3068\u3057\u3066\u3001\u4fe1\u8a17\uff08\u30c8\u30e9\u30b9\u30c8\uff09\u3084\u6709\u9650\u8cac\u4efb\u4f1a\u793e\uff08LLC\uff09\u3082\u3042\u308b<\/li>\n<\/ul>\n<p>\u4ee5\u4e0b\u3001LOS\u3054\u3068\u306b\u91cd\u8981\u8ad6\u70b9\u3092\u6574\u7406\u3057\u307e\u3059\u3002<\/p>\n<h3>LOS 1\uff1a\u30aa\u30eb\u30bf\u30ca\u30c6\u30a3\u30d6\u6295\u8cc7\u306e\u7279\u5fb4\u3068\u5206\u985e<\/h3>\n<p><strong>\u30aa\u30eb\u30bf\u30ca\u30c6\u30a3\u30d6\u6295\u8cc7<\/strong>\u306f\u3001\u4e0a\u5834\u682a\u5f0f\u30fb\u50b5\u5238\u30fb\u73fe\u91d1\u3068\u3044\u3063\u305f\u4f1d\u7d71\u7684\u8cc7\u7523\u4ee5\u5916\u3078\u306e\u6295\u8cc7\u306e\u7dcf\u79f0\u3067\u3059\u3002\u4e3b\u306a\u5206\u985e\u306f<strong>\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30fb\u30ad\u30e3\u30d4\u30bf\u30eb<\/strong>\u3001<strong>\u5b9f\u7269\u8cc7\u7523<\/strong>\u3001<strong>\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9<\/strong>\u3067\u3001\u5206\u6563\u52b9\u679c\u3084\u9ad8\u3044\u30ea\u30bf\u30fc\u30f3\u304c\u671f\u5f85\u3055\u308c\u308b\u4e00\u65b9\u3001\u6d41\u52d5\u6027\u306e\u4f4e\u3055\u3084\u904b\u7528\u8005\u3078\u306e\u4f9d\u5b58\u5ea6\u306e\u9ad8\u3055\u304c\u7279\u5fb4\u3067\u3059\u3002<\/p>\n<ul>\n<li>\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30fb\u30ad\u30e3\u30d4\u30bf\u30eb\uff1a\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30fb\u30a8\u30af\u30a4\u30c6\u30a3\u3001\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30fb\u30c7\u30c3\u30c8<\/li>\n<li>\u5b9f\u7269\u8cc7\u7523\uff1a\u4e0d\u52d5\u7523\u3001\u30a4\u30f3\u30d5\u30e9\u3001\u5929\u7136\u8cc7\u6e90\uff08\u571f\u5730\u30fb\u68ee\u6797\u30fb\u8fb2\u5730\u30fb\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\uff09<\/li>\n<li>\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9\uff1a\u8cc7\u7523\u30af\u30e9\u30b9\u3067\u306f\u306a\u304f\u904b\u7528\u624b\u6cd5\uff08\u30ec\u30d0\u30ec\u30c3\u30b8\u3001\u30c7\u30ea\u30d0\u30c6\u30a3\u30d6\u3001\u7a7a\u58f2\u308a\u7b49\uff09\u306b\u7279\u5fb4<\/li>\n<li>\u5171\u901a\u306e\u7279\u5fb4\uff1a\u6295\u8cc7\u671f\u9593\u304c\u9577\u3044\u3001\u6d41\u52d5\u6027\u304c\u4f4e\u3044\u3001\u5e02\u5834\u304c\u975e\u52b9\u7387\u3001\u5c02\u9580\u6027\u304c\u5fc5\u8981<\/li>\n<li>\u30ea\u30bf\u30fc\u30f3\u306e\u5206\u5e03\u304c\u6b63\u898f\u5206\u5e03\u304b\u3089\u5916\u308c\u3084\u3059\u304f\u3001\u8a55\u4fa1\u30c7\u30fc\u30bf\u304c\u4e0d\u5341\u5206\u306a\u3053\u3068\u304c\u591a\u3044<\/li>\n<li>\u6295\u8cc7\u76ee\u7684\uff1a\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u306e\u5206\u6563\u3001\u671f\u5f85\u30ea\u30bf\u30fc\u30f3\u306e\u5411\u4e0a<\/li>\n<\/ul>\n<h3>LOS 2\uff1a\u76f4\u63a5\u6295\u8cc7\u30fb\u5171\u540c\u6295\u8cc7\u30fb\u30d5\u30a1\u30f3\u30c9\u6295\u8cc7\u306e\u6bd4\u8f03<\/h3>\n<p><strong>\u30d5\u30a1\u30f3\u30c9\u6295\u8cc7<\/strong>\u306f\u904b\u7528\u8005\u306b\u9078\u5b9a\u3068\u7ba1\u7406\u3092\u4efb\u305b\u308b\u65b9\u6cd5\u3001<strong>\u5171\u540c\u6295\u8cc7\uff08co-investment\uff09<\/strong>\u306f\u30d5\u30a1\u30f3\u30c9\u3092\u901a\u3058\u305f\u6295\u8cc7\u306b\u52a0\u3048\u3066\u7279\u5b9a\u6848\u4ef6\u306b\u76f4\u63a5\u53c2\u52a0\u3059\u308b\u65b9\u6cd5\u3001<strong>\u76f4\u63a5\u6295\u8cc7<\/strong>\u306f\u6295\u8cc7\u5bb6\u81ea\u8eab\u304c\u8cc7\u7523\u3092\u53d6\u5f97\u30fb\u7ba1\u7406\u3059\u308b\u65b9\u6cd5\u3067\u3059\u3002\u30d5\u30a1\u30f3\u30c9\u6295\u8cc7\u3001\u5171\u540c\u6295\u8cc7\u3001\u76f4\u63a5\u6295\u8cc7\u306e\u9806\u306b\u6295\u8cc7\u5bb6\u306e\u95a2\u4e0e\u30fb\u5c02\u9580\u6027\u304c\u5897\u3048\u3001\u5831\u916c\u8ca0\u62c5\u306f\u5c0f\u3055\u304f\u306a\u308a\u307e\u3059\u3002<\/p>\n<ul>\n<li>\u30d5\u30a1\u30f3\u30c9\u6295\u8cc7\uff1a\u5c02\u9580\u5bb6\u306b\u4efb\u305b\u3089\u308c\u308b\u3001\u5c11\u984d\u3067\u5206\u6563\u53ef\u80fd\u3001\u5831\u916c\u304c\u9ad8\u3044\u3001\u30b3\u30f3\u30c8\u30ed\u30fc\u30eb\u304c\u5c0f\u3055\u3044<\/li>\n<li>\u5171\u540c\u6295\u8cc7\uff1a\u30d5\u30a1\u30f3\u30c9LP\u304c\u7279\u5b9a\u6848\u4ef6\u306b\u30d5\u30a1\u30f3\u30c9\u3068\u4e26\u3093\u3067\u6295\u8cc7\u3001\u5831\u916c\u306f\u4f4e\u3081\u3001\u6848\u4ef6\u9078\u629e\u306e\u4f59\u5730\u3042\u308a<\/li>\n<li>\u76f4\u63a5\u6295\u8cc7\uff1a\u5831\u916c\u3092\u6255\u308f\u305a\u30b3\u30f3\u30c8\u30ed\u30fc\u30eb\u304c\u6700\u5927\u3001\u5c02\u9580\u6027\u30fb\u8cc7\u91d1\u30fb\u4eba\u54e1\u304c\u5fc5\u8981\u3067\u5206\u6563\u304c\u96e3\u3057\u3044<\/li>\n<li>\u30d5\u30a1\u30f3\u30c9\u6295\u8cc7\u3067\u306f\u904b\u7528\u8005\u306e\u30c7\u30e5\u30fc\u30fb\u30c7\u30ea\u30b8\u30a7\u30f3\u30b9\u304c\u91cd\u8981<\/li>\n<li>\u95a2\u4e0e\u306e\u5927\u304d\u3055\u3068\u5831\u916c\u306e\u4f4e\u3055\u306f\u30c8\u30ec\u30fc\u30c9\u30aa\u30d5<\/li>\n<\/ul>\n<h3>LOS 3\uff1a\u6240\u6709\u69cb\u9020\u3068\u5831\u916c\u4f53\u7cfb<\/h3>\n<p>\u6700\u3082\u4e00\u822c\u7684\u306a\u69cb\u9020\u306f<strong>\u30ea\u30df\u30c6\u30c3\u30c9\u30fb\u30d1\u30fc\u30c8\u30ca\u30fc\u30b7\u30c3\u30d7<\/strong>\u3067\u3001\u904b\u7528\u3092\u62c5\u3046<strong>GP<\/strong>\u3068\u8cc7\u91d1\u3092\u51fa\u3059<strong>LP<\/strong>\u3067\u69cb\u6210\u3055\u308c\u307e\u3059\u3002\u5831\u916c\u306f\u904b\u7528\u8cc7\u7523\uff08\u307e\u305f\u306f\u30b3\u30df\u30c3\u30c8\u30e1\u30f3\u30c8\uff09\u306b\u5bfe\u3059\u308b<strong>\u7ba1\u7406\u5831\u916c<\/strong>\u3068\u3001\u30ea\u30bf\u30fc\u30f3\u306b\u5fdc\u3058\u305f<strong>\u6210\u529f\u5831\u916c<\/strong>\u304b\u3089\u6210\u308a\u3001\u30cf\u30fc\u30c9\u30eb\u30fb\u30ec\u30fc\u30c8\u3084\u30ad\u30e3\u30c3\u30c1\u30a2\u30c3\u30d7\u3001\u30a6\u30a9\u30fc\u30bf\u30fc\u30d5\u30a9\u30fc\u30eb\u306a\u3069\u306e\u6761\u4ef6\u304c\u4ed8\u304d\u307e\u3059\u3002<\/p>\n<ul>\n<li>GP\uff1a\u904b\u7528\u30fb\u610f\u601d\u6c7a\u5b9a\u3092\u62c5\u3044\u7121\u9650\u8cac\u4efb\u3001LP\uff1a\u51fa\u8cc7\u984d\u307e\u3067\u306e\u6709\u9650\u8cac\u4efb<\/li>\n<li>\u7ba1\u7406\u5831\u916c\uff08management fee\uff09\u3068\u6210\u529f\u5831\u916c\uff08performance fee\uff0fcarried interest\uff09<\/li>\n<li>\u30cf\u30fc\u30c9\u30eb\u30fb\u30ec\u30fc\u30c8\uff1a\u6210\u529f\u5831\u916c\u304c\u767a\u751f\u3059\u308b\u6700\u4f4e\u30ea\u30bf\u30fc\u30f3<\/li>\n<li>\u30ad\u30e3\u30c3\u30c1\u30a2\u30c3\u30d7\uff1a\u30cf\u30fc\u30c9\u30eb\u8d85\u904e\u5f8c\u306bGP\u3078\u512a\u5148\u914d\u5206\u3057\u6240\u5b9a\u306e\u5206\u914d\u6bd4\u7387\u306b\u8ffd\u3044\u3064\u304b\u305b\u308b\u6761\u9805<\/li>\n<li>\u30a6\u30a9\u30fc\u30bf\u30fc\u30d5\u30a9\u30fc\u30eb\uff1a\u30db\u30fc\u30eb\u30fb\u30aa\u30d6\u30fb\u30d5\u30a1\u30f3\u30c9\uff08\u30e8\u30fc\u30ed\u30d4\u30a2\u30f3\u578b\uff09\u3068\u6848\u4ef6\u3054\u3068\uff08\u30a2\u30e1\u30ea\u30ab\u30f3\u578b\uff09<\/li>\n<li>\u307b\u304b\u306e\u69cb\u9020\uff1a\u4fe1\u8a17\uff08\u30c8\u30e9\u30b9\u30c8\uff09\u3001\u6709\u9650\u8cac\u4efb\u4f1a\u793e\uff08LLC\uff09\u3001\u500b\u5225\u53e3\u5ea7\uff08SMA\uff09<\/li>\n<\/ul>\n<h2>\u52b9\u7387\u3088\u304f\u5b66\u3076\u306b\u306f FA-Academy<\/h2>\n<p>CFA\u00ae\ufe0e\u306e\u5354\u4f1a\u30c6\u30ad\u30b9\u30c8\u306f\u82f1\u8a9e\u3067\u5206\u91cf\u3082\u591a\u304f\u30011\u3064\u3072\u3068\u3064\u306e\u5358\u5143\u3092\u82f1\u8a9e\u3060\u3051\u3067\u7406\u89e3\u3057\u3066\u3044\u304f\u306e\u306f\u5927\u304d\u306a\u8ca0\u62c5\u3067\u3059\u3002<\/p>\n<p>FA-Academy\uff08Financial Analyst Academy\uff09\u306f\u3001<strong>\u65e5\u672c\u8a9e\u3067\u5b66\u3079\u308b\u6570\u5c11\u306a\u3044CFA\u00ae\ufe0e\u8a66\u9a13\u30b5\u30dd\u30fc\u30c8<\/strong>\u3067\u3059\u3002\u3053\u308c\u307e\u3067 Level 1 \u304b\u3089 Level 3 \u307e\u3067\u591a\u304f\u306e\u5408\u683c\u8005\u3092\u8f29\u51fa\u3057\u3066\u304a\u308a\u3001\u5408\u683c\u8005\u306e\u65b9\u3005\u3068\u306e\u5bfe\u8ac7\u3082\u6570\u591a\u304f\u516c\u958b\u3057\u3066\u3044\u307e\u3059\u3002\u3069\u3093\u306a\u65b9\u304c\u3001\u3069\u306e\u3088\u3046\u306b\u5408\u683c\u3055\u308c\u305f\u306e\u304b\u306f<a href=\"https:\/\/triumphmind.com\/cfa\/category\/gokaku\/\" target=\"_blank\" rel=\"noopener\">\u5408\u683c\u8005\u5bfe\u8ac7\u30fb\u5408\u683c\u4f53\u9a13\u8ac7\u306e\u4e00\u89a7<\/a>\u304b\u3089\u3054\u89a7\u3044\u305f\u3060\u3051\u307e\u3059\u3002<\/p>\n<ul>\n<li><a href=\"https:\/\/triumphmind.com\/cfa\/present1\/\" target=\"_blank\" rel=\"noopener\">Level 1 \u65e5\u672c\u8a9e\u8981\u70b9\u96c6\u306e\u7121\u6599\u30b5\u30f3\u30d7\u30eb\u3092\u53d7\u3051\u53d6\u308b\uff087\u65e5\u9593\u30e1\u30fc\u30eb\u8b1b\u5ea7\uff09<\/a><\/li>\n<li><a href=\"https:\/\/timerex.net\/s\/cfa.tips.slack_2a23\/e72e883e\/\" target=\"_blank\" rel=\"noopener\">\u7121\u6599\u500b\u5225\u9762\u8ac7\u3092\u4e88\u7d04\u3059\u308b\uff08\u5b66\u7fd2\u8a08\u753b\u306e\u3054\u76f8\u8ac7\uff09<\/a><\/li>\n<li><a href=\"https:\/\/triumphmind.com\/cfa\/course\/\" target=\"_blank\" rel=\"noopener\">\u53d7\u8b1b\u6848\u5185\uff08\u30b3\u30fc\u30b9\u4e00\u89a7\u30fb\u53d7\u8b1b\u6599\uff09\u3092\u898b\u308b<\/a><\/li>\n<\/ul>\n<div class=\"cfalm-nav\">\u6b21\u306e\u5358\u5143\uff1a<a href=\"https:\/\/triumphmind.com\/cfa\/2026\/09\/22\/cfa-l1-alt-lm2\/\">LM2 Alternative Investment Performance and Returns\uff08\u30aa\u30eb\u30bf\u30ca\u30c6\u30a3\u30d6\u6295\u8cc7\u306e\u30d1\u30d5\u30a9\u30fc\u30de\u30f3\u30b9\u3068\u30ea\u30bf\u30fc\u30f3\uff09<\/a><br \/>\n\u5168\u4f53\u306e\u76ee\u6b21\uff1a<a href=\"https:\/\/triumphmind.com\/cfa\/cfa-curriculum\/#l1-alt\">CFA\u00ae\ufe0e \u5b66\u7fd2\u5185\u5bb9\u306e\u76ee\u6b21\uff08Level 1 Alternative Investments\uff09<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>CFA\u00ae\ufe0e Level 1 Alternative Investments LM1\u300cAlternative Investment Features, Methods, and Structures\uff08\u30aa\u30eb\u30bf\u30ca\u30c6\u30a3\u30d6\u6295\u8cc7\u306e\u7279\u5fb4\u3068\u69cb\u9020\uff09\u300d\u306eLOS\uff08\u5b66\u7fd2\u76ee\u6a19\uff09\u3068\u91cd\u8981\u8ad6\u70b9\u3092\u3001\u6700\u65b0\u7248\u30ab\u30ea\u30ad\u30e5\u30e9\u30e0\u306b\u57fa\u3065\u3044\u3066\u65e5\u672c\u8a9e\u3067\u6574\u7406\u3057\u307e\u3057\u305f\u3002<\/p>\n","protected":false},"author":1,"featured_media":11141,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jin_ogp_image_url":"","_jin_last_featured_id":0,"footnotes":""},"categories":[98],"tags":[],"class_list":["post-10795","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-level1-topics"],"_links":{"self":[{"href":"https:\/\/triumphmind.com\/cfa\/wp-json\/wp\/v2\/posts\/10795","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/triumphmind.com\/cfa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/triumphmind.com\/cfa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/triumphmind.com\/cfa\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/triumphmind.com\/cfa\/wp-json\/wp\/v2\/comments?post=10795"}],"version-history":[{"count":2,"href":"https:\/\/triumphmind.com\/cfa\/wp-json\/wp\/v2\/posts\/10795\/revisions"}],"predecessor-version":[{"id":11296,"href":"https:\/\/triumphmind.com\/cfa\/wp-json\/wp\/v2\/posts\/10795\/revisions\/11296"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/triumphmind.com\/cfa\/wp-json\/wp\/v2\/media\/11141"}],"wp:attachment":[{"href":"https:\/\/triumphmind.com\/cfa\/wp-json\/wp\/v2\/media?parent=10795"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/triumphmind.com\/cfa\/wp-json\/wp\/v2\/categories?post=10795"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/triumphmind.com\/cfa\/wp-json\/wp\/v2\/tags?post=10795"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}