We’ve got a lot on with the spring calendar full of fantastic investment opportunities and fun-filled* meetups.
Not yet a member of Altea?
Let’s get to it.
* Boozy
Table of Contents
🧳 Events
Spring meetups
Spots for NYC and Atlanta are nearly full, and LA is near capacity.
We’re holding a few spaces for non-Altea members, so make sure to reserve your spot if you’d like to join.
🌱 Spring Deals
Updates and new opportunities, oh my.
🍹 Altea Tequila Distillery – Open for commits
We’ve completed due diligence on the Herencia de Agaves Tequila Distillery opportunity and are ready to firm up commitments.
Here you’ll find an overview of all our work on this project. This will help you make an informed decision if you are still on the fence.
As ever, always do your own research, nothing here is financial advice, and stay safe out there, kids.
Timelines
February 28 – DDD complete
March 7 – Hard commits locked in
March 18 – Paperwork available to review and sign
March 31 – All paperwork and funds due
🍷 Carnation Capital SPV 1 | Closes Apr 1 | 20%+ IRR
Given the horror show topline numbers in the wine space lately, I was skeptical about this one at first.
But this week, I dove into the numbers, and while investment-grade bottles are pennies on the pound in 2025, the area Carnation focuses on is super robust, actually.
I’m speaking with the GP this coming week and will have more for y’all soon.
🏇🏻 Horse Pinhooking | 40% IRR – Closes April
Distributed due diligence is underway for this exciting opportunity. Special thanks to the many volunteers.
Timelines
March 3 – DDD complete
March 10 – Deal memo available
March 21 – Hard commits locked in
March 31 – Paperwork available to review and sign
April 30 – All paperwork and funds due
The Equus team is hosting potential investors at auctions in March and April. Please note it in the EOI below or email me if you’d like to attend.
🍿 Film I Tranche 2 – Closes May 30
It’s early days on this one, but we’ve already received over $1m in solid interest. I expect it to be very popular.
This SPV gives you access (at the May NAV) to our popular Film I opportunity, which specializes in collateralized bridge loans in the film industry.
Timelines
April 8 – Deal memo available
April 29 – Hard commits locked in
May 12 – Paperwork available to review and sign
May 30 – All paperwork and funds due
💬 Discussions
- Kyle asks about investing in SpaceX through Templum
- Jasmine is offering free admin assistance in exchange for info on data science groups
- Brian chimes in on the Food Institute’s claims that vertical farming will 4x over the next 5 years.
- David wants to know about GP-staking
- Amazon finally passing Walmart in sales sparked discussion
- Florian wants to know: Have you ever invested in rum?
- Does anyone own chickens?
👋 New members
- Jim Iversen is the CEO of Sen-Jam Pharmaceutical from Huntington, NY
- Saba is an M&A and AI lawyer (who is probably very busy these days)
That’s it for this week. Please let me know your questions, comments, or suggestions.
Cheers,
Wyatt