Welcome to your weekly overdose of all the best from Altea.
I’ll be mucking around the French countryside for a fortnight from Monday, so you won’t get these updates for two weeks.
The big thing this week is the upcoming Film Finance opportunity.
It’s already setting all kinds of Altea records – it only went out Tuesday, and we’ve already had $1.1 million worth of interest
If you activate your membership and don’t think you’ve got value out of Altea within three months, we’ll gladly refund your fee.
Table of Contents
Upcoming Deals
Launch Film Bridge Fund
Launch Film Bridge Fund allows investors to participate in short-term, high-interest loans for film production financing. These loans have robust legal protections and the potential for high returns.
Deal Overview
The Launch Film Bridge Fund presents a unique investment opportunity in the film financing sector. The fund provides short-term bridge loans to carefully vetted film projects, typically for 8-14 weeks, to cover critical early-stage production costs. With a focus on senior-secured positions, rapid turnaround times, and comprehensive legal protection, including completion guarantees, the fund aims to generate attractive returns while mitigating risks inherent in film production financing.
Litigation Finance
Beginning the week of August 6th, we will run a four-part series on how litigation finance works. At the end, we’ll present an opportunity to invest in a deal that we like a lot.
There’s around $150k worth of interest in this one already, and we’ll put together an SPV if that gets to $500k.
Solar Debt
We also had $110k worth of interest in last week’s solar debt deal. Details ICYMI:
Solar Infrastructure Debt
We can’t share much about this one yet because it’s not been cleared by the lawyers, but here’s the gist.
It’s a utility-scale solar and energy storage project in Florida looking for funding. Although they’ve previously done equity placements, this will be either preferred shares or straight debt.
The timeframe is one to two years, and the IRR will be between 14% and 16%.
The project is already approved, so it’ll go ahead regardless of this year’s elections.
We need $500k to qualify for special terms on this one. If we can get to $150k worth of interest, I’ll spin up a full deal memo.
I’m interested in this opportunity.
There’s a lot more to come, including a tequila ladder agreement, agave farmland, an art opportunity fund, a blue chip wine opportunity, and some opportunities in the music space.
Current Deals
Alts 1 is Open
After a strong few quarters, we’re opening Alts 1 to new investors [Announcement here].*
If you’re ready, you can
Or book a call with me to discuss.
* If you’ve already invested and want to double down, please stand by. We’re busy porting over your previous commitments to the new platform.
Investor Field Trips
Nashville – October 2024
🚨 UPDATE 🚨
We’ve snagged Jenn Dobbins, the SVP of Rights and Royalties at JXBX, as a speaker.
Several spots have already been reserved, so make sure to RSVP ASAP if you want to level up your music-investing game (and listen to music, drink bourbon, and eat BBQ).
RSVP early and often.
Jalisco, Mexico – February(ish) 2025
After the resounding success of this year’s trip to Jalisco, Mexico, Altea is planning another this winter.
And we’ve already had a half-dozen people RSVP.
We’re getting to know the area pretty well, and we’d love to introduce a new flock of Alteans to the region and (hopefully) see a few familiar faces from this year’s trip.
It’s early days, but please register your interest if you want to be kept in the loop.
That’s it for this week. If you have any questions, comments, or suggestions, please let me know.
Cheers,
Wyatt, Stefan, and John
