问题如下：
Which of the following statement is correct?
Statement 1 All the alternative investments require long term lock-up period
Statement 2 A robust investment governance framework ensures that an alternative investment program is structured to meet the needs of the investor.
选项：
A. Only statement 1
B. Only statement 2
C. Both statement 1 and statement 2
解释：
B is correct.
Not all the alternative investments require long term lock-up period. Many hedge fund strategies that focus on public equities or managed futures have much shorter lock-ups
The purchase or sale of limited partnership interests on the secondary market may be used to shorten the entry and exit phases of the process.
