Many experts are starting to recommend a 10-30% allocation to alternatives in a portfolio that also includes stocks and bonds. Alliance Bernstein has developed a website dedicated to alts and how they might work in your assert allocation. The link is provided in the article.
Disclaimer: I am not affiliated with Alliance Bernstein in any way.
http://dailyalts.com/alliancebernstein-provides-thought-leadership-liquid-alts/
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https://www.alliancebernstein.com/Microsites/ABI/US/Alternatives/Alternatives-Are-The-New-Reality.htm?mid=usralts002