Meet Altera

Investing in the Lower
Middle Market.

We build enduring private portfolios by capitalizing the lower middle market.

Altera is an alternative investment firm designed for ultra-high-net-worths, family offices, and wealth management firms. Our investment solutions are institutional quality products for individual investors. We are focused on private equity, real assets, and private credit. Our strategy is unconstrained by industry, sector, or geography.

$M

Committed Capital

+

Investors with
Altera Portfolio*

+

Wealth Management Firms
That Have Utilized Altera

+

Sponsors We Have
Invested In

*Includes investors with two or more Altera deals in portfolio.

Our Business Solutions

Flagship Multi-Manager Funds

Diversified fund strategies generally composed of 5 – 10 underlying sponsors. We typically look to back best-in-class managers raising $50M to $750M funds and independent sponsors acquiring assets for less than $100M.

Underlying Exposures

Private Equity 

Real Assets

Tactical Investment Opportunities 

Typically, single-asset or fund-specific opportiunites. Our vast network of lower middle market sponsors gives us access to hard-to-secure allocations. These opportunities span across the risk-return spectrum. 

Underlying Exposures

Emerging and Specialty Funds

Independent Sponsor Transactions 

Co-Investments  

Tactical Investment Opportunities 

Typically, single-asset or fund-specific opportiunites. Our vast network of lower middle market sponsors gives us access to hard-to-secure allocations. These opportunities span across the risk-return spectrum. 

Underlying Exposures

Emerging and Specialty Funds

Independent Sponsor Transactions 

Co-Investments  

Custom Portfolio Solutions 

Custom, white-label funds built for wealth management firms. We equip RIAs with firm-wide investment solutions that are designed to meet their specific mandate and client needs. These solutions provide RIAs differentiated private market capabilities. 

White Label Designs

Multi-Asset Class Private Funds (constrained or unconstrained mandates)

Single-Asset Class Private Funds (constrained or unconstrained mandates)

We believe investors should have exposure to differentiated sources of risk and return. Our various business solutions aim to serve the constantly evolving needs of individuals, family offices and wealth management firms.

Recent Insights

Media | August 28, 2023

David Fershteyn, Altera’s CEO and Co-Founder, Makes Atlanta’s Forbes 30 Under 30 List

Altera’s CEO and Co-Founder, David Fershteyn, makes the inaugural Forbes Under 30 Local List for Atlanta. View the full list here.

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Perspectives | October 12, 2022

Employee Spotlight: Q&A with Hannah Kaplan

We sat down with Hannah Kaplan, Director of Organizational Development, to discuss her current role at Altera, why she believes Altera’s diverse and collaborative team is the differentiator among other firms in the industry, and what she feels is her most notable achievement so far at Altera.

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Media | September 13, 2022

David Fershteyn Featured in AlphaWeek’s Private Equity Q&A

David Fershteyn sat down with Greg Winterton from AlphaWeek to discuss the firm, why Altera focuses specifically on the lower middle market, and what’s driving demand for private investment opportunities among his investors.

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Media | September 12, 2022

David Fershteyn of Altera Investments: 5 Things I Wish Someone Told Me Before I Became A Founder

“You and your stakeholders need to have incredibly clear alignment and incentives. Everyone operates based off of the incentives they have, and for an organization to flourish, key parties must be aligned…”

CEO David Fershteyn provides his insights in Medium Authority Magazine’s “5 Things I Wish Someone Told Me Before I Became a Founder” series.

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Perspectives | August 18, 2022

Employee Spotlight: Q&A with Tim Godin

We sat down with Tim Godin, Senior Associate, to discuss his current role at Altera, why he believes Altera’s investment offering differentiates the firm from others in the industry, and what he feels is his most notable achievement so far at Altera.

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