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 dedicated to lower middle market private investments. Our three flagship funds are designed to invest in SBIC Funds, independent sponsor transactions, and alternative asset management firms. We also make thematic investments, where we invest with specialty sponsors and emerging managers – often acting as a highly meaningful limited partner. Just over the last few years, we have worked with many sponsors and invested hundreds of millions of dollars across various private equity, real asset and private credit strategies. Our capital base starts with us internally and then expands to our network of family offices and ultra-high-net-worth investors.

$M+

Firm Committed Capital*

+

Sponsors We Have
Invested In

Flagship Strategies

+

Independent RIAs
That Work With Us

*Committed capital since inception and as of 6/30/2024.

Our Investment Solutions

Flagship Funds 

Three separate investment strategies designed to invest in SBIC funds, independent sponsor transactions, and alternative asset management firms.

Strategies 

Astra Series

Titan Series

GPO Series 

Thematic Opportunities 

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

Strategies 

Emerging Managers

Specialty Funds 

Co-Investments  

Thematic Opportunities 

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

Strategies 

Emerging Managers

Specialty Funds 

Co-Investments  

Custom Portfolio Solutions 

Custom, white-label funds built for family offices and wealth management firms. We equip family offices and RIAs with investment solutions that are designed to meet their specific mandate and client needs. 

White Label Designs

Multi-Asset Class Private Funds

Single-Asset Class Private Funds 

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

Altera Investments Ranked on the 2024 Inc. 5000 Fastest Growing Companies in America

Altera was ranked #520 on the 2024 Inc. 5000 fastest growing private companies in America. Altera’s 3-year revenue growth was over 850% and placed in nearly the top 10%.This is Altera’s inaugural year of being recognized on this list. To read more on Altera and INC 5000, click here. 2024 Inc. 5000: This annual ranking…

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Altera, An Alternative Asset Manager, Exceeds $400M in Committed Capital

Altera is pleased to announce it has exceeded $400M in committed capital across its flagship private equity strategies and thematic private investments. In 2024, Altera is on track to commit over $100M to lower middle market funds and direct deals.

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Altera Ranked #1 in UGA’s Bulldog 100

The University of Georgia Alumni Association recently announced that Altera placed 1st in the Bulldog 100, a list which ranks the fastest-growing businesses owned or operated by University of Georgia alumni.  Altera was recognized during the 15th Annual Bulldog 100 Celebration on February 9 in Sanford Stadium. This is Altera’s inaugural year of being recognized on this prestigious list. …

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Altera Investments Makes The University of Georgia’s 2024 Bulldog 100 List

We are proud to announce Altera made the 2024 Bulldog 100 List. The Bulldog 100 list celebrates the top 100 fastest-growing organizations owned or led by The University of Georgia alumni.

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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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