Hello
Welcome to the best of the Alts Community, 2026 version
As always, do your own research; nothing in the community constitutes financial advice. Stay safe out there, kids.
Let’s go 🚀
Table of Contents
🚀 Live Deals
🤾♀️ Invest in a professional women’s volleyball team
Last week, two new Women’s Volleyball leagues kicked off their seasons.
The sport has landed top-tier investors and built serious momentum.
We have an exclusive opportunity to invest directly in one of the founding franchises of one of the top-tier US pro volleyball leagues.
This deal is highly confidential.
We can’t reveal which founding team this is to everyone, but we can potentially share more info with those who express interest.
Here’s what we can tell you:
- 📍 Top 5 media market. This isn’t some random small town, it’s a huge US city.
- 🏟️ Substantial venue. The team will play in a large venue with elite US and international players
- 🏐 Local fanbase. The area has a strong volleyball fanbase, including a vibrant juniors club scene.
- 🎟️ Revenue ready. Revenue comes from ticketing, merch, sponsorships, and food & beverage.
- 🧠 Experienced founding team. Led by a CEO with major league sports management experience
With growing attendance and media deals underway, this league is building fast. Now you can own part of it.
Accredited investors only.
🎞️ Film Investments
It was a productive holiday period for both Film and Launch JV with two loans paid off (86% IRR and 174% IRR) and two loans made (1.2% and 1.25% simple interest per week).
We also launched the syndication strategy, which opens our loans to Altea members while diversifying the lending book for our existing LPs.
We’re aiming to put together four more of these deals in January.
Not an Altea member?
👋 New Members
Welcome to the 32 new members last week 👋
A few notable members..
🇮🇳 Ishaan Wadhwa is an actuary who turned strategist when he realized he needed to step outside his beautiful models and make reality a little better. He’s fusing social impact with capital & risk, running a strategy & risk consulting/advisory firm, Kubrick Cube, that helps private & public players across the social protection ecosystem.
🇦🇺 Nick Howard is the co-founder and CEO of Hark Medical — an Aussie startup in the medication management industry. They’ve developed a device that stores and dispenses medication, ensuring patients take the right dose at the right time
⚠️ New Warning: Oeno Group
Decade-old wine investing firm OENO is now the subject of a UK Trading Standards warning.
Regulators are warning that some or all of your investment funds may be permanently lost.
Here’s a breakdown of the situation.
This situation appears structurally similar to the collapse of Braeburn Whisky, where assets were marketed as owned by investors but were not always held in properly segregated or traceable accounts.
NOTE: If you have invested with OENO, reply to this email.
We are setting up private, invite-only space to discuss the situation confidentially and share verified information.
“I invested in two wine investment firms in Australia that went bust in 2005.
That point about individual accounts vs company accounts sounds very similar. Basically when the administrators/liquidators went through WineOrb / Heritage Fine Wines, they found that more wine had been “sold” to investors than was actually available in the warehouse.
While as an investor you received a nice little certificate saying that you owned bottles AA-001 to AA-036, there was no real audit or integrity management process to connect the actual bottles to those references and to ensure those references were unique.
IMHO the key point here is that if you’re buying something physical, there really needs to be both (a) a genuine unique identifier that indicates what’s yours; and (b) a genuine independent audit process to ensure that each unique identifier is only held by one party.” – Nick Ellsmore
💬 New Discussions
- Florian shared a FT article about “loan-to-own” art gallery financing. It’s on the rise, but it’s not a simple area of private lending.
“The core problem is that galleries already have access to cheap bank financing, most of their inventory is on consignment and therefore unusable as collateral.
Using owned stock creates a paradox: if the gallery can’t sell it, a lender is even less equipped to do so.” – Nicho Shorvon
“At 10–15%+ rates, some lenders are effectively underwriting downside with the expectation that a portion of loans resolve through possession rather than repayment… Trophy works still finance cleanly, while everything else is priced like distressed collateral.” – Mandar Mirashi
- This hedge fund is buying Birkin bags
- Time to sell your vineyard in Italy and move to Poland
- Milei is doing something right: Argentinian inflation is way down
“Yes, 200%+ inflation was wild, but it was in pesos. In dollar terms the prices were going down 11%/yr (from already ultra-cheap levels)” – Tigran K.
- 80% of prediction market volume is done by less than 1% of traders
- The EU backs a giant free trade zone with LATAM
- For an automaker, Ferrari has insane margins
- Is Japan an overlooked investment opportunity?
“One sentence drew my attention: ‘Japanese solutions to Japanese problems are about to become global solutions to global problems.’ – Jose Antonio Silva
See you next week!
Wyatt
