Explore research and market commentary from Altera, including our take on the state of private markets, the changing landscape of alternatives access, and the evolution of impact investing.
Access to Alternative Investments is no longer a differentiator offered solely by brand name broker dealers and wirehouse advisors. For decades broker dealer reps have touted the fact that they can get their clients allocations to hard-to-access private market funds.
The recommendation for investors in alternatives: Plan to file for an extension on your taxes each year. Fortunately, filing for an extension is not a costly exercise. And the deadline for filing an extension is the same day that taxes would normally be due.
Similar to private equity (PE), venture capital (VC) investments are both focused on taking ownership stakes in private companies. The difference between the two lies in where the target companies fall in their lifecycle. Simply put, venture investments are made at an earlier stage of a company’s development.
This new operating model continues to evolve as impact investing grows in investor acceptance. One important development for charitably minded investors is the rise of the Donor Advised Fund, or DAF.
This report will not attempt to address each potential type of investment in the Alternatives category. Instead, we will focus on sectors that have gained wide acceptance among institutional investors and have sufficiently long histories over which to evaluate their characteristics.
