Altera launches Real Estate Credit Opportunity Fund
New team to lead and build out Altera’s inaugural credit strategy.  

Atlanta, September 15, 2020: Altera Investments today announced the launch of a new commercial real estate “stressed” loan fund, named Altera Credit Opportunities Fund I, LLC. The new fund will be a tactical fund with a target of $40MM (hard cap of $50MM). The fund strategy will be led by Matt Sherman, building his prior success at Cygnus Capital buying distressed non-performing loans and broken real estate projects.

The fund will be open until Summer 2021, or until the hard cap is met. The strategy is targeting investment returns in the high-teens IRRs (on a net basis). This is not a yield or income-based strategy and is focused on achieving attractive risk-adjusted returns on a total return basis.

Our strategy is unique because of its small unpaid balance (UPB) focus along with above average sourcing through our network of strategic alliances and banking relationships that provide consistent deal flow that is both on and off platform. Please direct inquiries to Matt Sherman @ msherman@alteraprivate.com for further information on Altera Credit Opportunity Fund I, LLC or visit our website at alteraprivate.com/realestate for the fund PPM or prospectus.

Headquartered in Atlanta, GA, Altera Investments is one of the leading advisory and asset management firms focused on lower-middle market real asset investments. Altera works with limited partner investors including family offices, investment advisors, and institutions.


Contact: Julie Newman

Altera Investments

10 Glenlake Parkway NE, Suite 1020

Phone: (404) 537-2759

Fax: (470) 867-6401

alteraprivate.com


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