Altea Update: March 9

Hello there,

Welcome to the best of the ​Alts Community​.

Performance update:

I’m at TEFAF Maastricht this week, and we still have two VIP preview tickets available to Altea members in the neighbourhood.

I had an ​unreasonably good time last year​, and I encourage you to get in touch if you’d like to join.

As always, do your own research; nothing in the community constitutes financial advice. Stay safe out there, kids.

Let’s go

Live Deals

🚢 Maritime I: New Oceyon Explorer’s Club members!

As you may have heard, one huge benefit of Maritime I is the ​Explorers Club​, which lets you step aboard during an upcoming shipwreck expedition.

So I’m happy to announce the first three members: ​Taras​, ​Amit​, and ​Robin​!

These three get to see Oceyon’s robot technology in action and witness the recovery process in real-time.

They also get a cool Photoshopped hat, as well as the exclusive Oceyon Explorer’s Club tag, which is worth more than gold*

(*not really, the price of gold is through the roof!)

Want in? The hatch is closing soon.

If you want to invest in our Maritime I SPV, ​express interest ASAP​.

We’ll keep the door open for you.

⛩️ Whisky I: Proposed Cask Portfolio

​Whisky I​ will be a Japanese Whiskey Cask Fund and partnership with dekantā, one of the most respected and established platforms in the Japanese whisky ecosystem. ​

We’ve just finished modeling the ​acquisition plan​, and the numbers are looking good.

  • We plan to acquire 11 casks from 4 distilleries
  • The casks will be multi-vintage with staggered maturities, meaning multiple exit windows rather than a single realization event
  • This SPV will be open to accredited investors only
  • It will have a $10,000 investment minimum.
Express interest to see the full acquisition plan.

Full deal memo coming soon.

In the meantime, if you’re accredited, express interest below to see the full acquisition plan.

SPV Updates

🍿 Launch JV

Last week, another loan payment came through for our Launch JV investors.

An uneventful but fantastic result.

We open select loans to Altea members who would like to co-invest in these opportunities.

Drop your details here if you’d like to be kept in the loop.

🏎️ Auto I

Global markets have been volatile recently, but demand for scarce collector cars has actually strengthened.

David Spickett and the Auto I team have ​secured a buyer​ for the Ferrari 360 Challenge, with the sale expected to close within two weeks. The exit is projected to deliver roughly a 7% profit (about 73% annualized given the short holding period).

Interest is also building around the Mercedes-Benz SLS, with a potential exit targeted for April. Once the Ferrari transaction settles, capital will likely be redeployed into the next opportunity, potentially a Lamborghini Diablo.

Another update will follow once the Ferrari sale completes and the next acquisition is confirmed.

🥃 Tequila III

Meanwhile, down in Mexico, the ​first phase of construction for Tequila III​ is now complete, including topography work, engineering plans, and clearing and leveling the land (nearly 10 tons of agave, debris, and stone removed).

Starting next week, the team will lay the foundations and excavate the cellar pit to a depth of 1.8 meters. This stage is expected to take about a month.

The project remains on schedule, and Miguel Ortiz will continue sharing updates as construction progresses.

👋 New Members

Welcome to the 66 new members since last week 👋

A few notable members..

🇪🇸 ​Ronan Cullen​ is the whisky cask sales manager at dekantā. Based in Barcelona, Spain (with frequent trips to Japan) Ronan specializes in connecting whisky enthusiasts and investors with rare and premium Japanese whisky casks.

🇨🇭 ​Nathan Kaiser​ is a Swiss attorney and board member who helps companies navigate complex cross-border moves between Europe, Asia, and the US. He works with executives and investors to structure deals, enter new markets, and solve tricky legal challenges across jurisdictions.

💬 New Discussions

“Unfortunately, I am investor in the TNT fund of Franshares. I will be following up with Kenny with some detailed requests for clarification.

If there are any Franshares investors who’d like to join me in this communication, I’ll be happy to take the lead. I suspect we’ll have a better chance of getting information as a group than a bunch of single requests.

Message me and I will collaborate with and loop you into communications.

​Bob McRae​

  • Adrian Boeckeler shares the story of how his kids pulled him into the world of ​Pokémon cards​

“This felt very familiar after the NYC Altea meetup — learning about Magic there made it obvious Pokémon is just running the same playbook, only at much bigger scale.

Magic already showed how this movie ends: most cards become bulk, a tiny set of culturally iconic pieces absorb almost all the value, and sealed product quietly outperforms because humans can’t resist cracking packs.

The difference now is infrastructure – which probably compresses the timeline but doesn’t change the curve.” ​Mandar Mirashi​

“Wyatt and I were just speaking to a dealer with a really cool Kossoff available at yesterday’s price of £75,000. It’ll almost certainly be sold next week. Let me know if any of you want to snap that up today.​Nicho Shorvon​

🥂 New Meetups

🇨🇭 Zurich Meetup with Angels House at Breitling Flagship Store (Mar 19)

We’re heading to Zurich, Switzerland!

Angels House and the Alts Community invite a curated group of founders, family offices, and private investors to gather inside the Breitling Flagship Store in Zurich for an event dedicated to alternative asset investing.

Psst – Just announced: ​Nicolas Burer from Oceyon​ will be there too!

📍 Details

​The room is limited to 30 guests to ensure depth of conversation and quality of connections.

This one is filling up quickly. RSVP now.

🛥️ Baltimore Meetup @FLOHOM: The Airbnb for Houseboats (Apr 6)

Join Altea members and friends for an ​exclusive waterfront meetup in Baltimore​, hosted aboard FLOHOM — the company redefining marinas as luxury on-water resorts and residences.

​FLOHOM​ is building what many call the “Airbnb for houseboats.” Their floating homes combine alternative real estate, hospitality, and lifestyle into a scalable, cash-flowing asset class.

This is a chance to connect with other investors over drinks, enjoy Baltimore’s waterfront, and see firsthand why floating structures are quickly becoming a new global real estate category.

📍 Details

  • Date: Monday, April 6th, 5–8pm
  • Location: FLOHOM at Inner Harbor Marina & Baltimore Peninsula
  • Hosts: Altea DMV City Captain ​Alairé Jameson​, with special guest Brian Meyer, CEO of FLOHOM
  • Cost: Free for Altea members | $99 for guests & non-members

See you next week, Wyatt

Share

Author

Picture of Wyatt Cavalier

Wyatt Cavalier

With a background in finance & intelligence analysis, Wyatt has an unhealthy obsession with finding the best blue chip investment opportunities. His previous newsletter, Fractional, resonated deeply with subscribers, bringing actionable insights and unconventional trading strategies. His rare book collection specializes in banned editions. He currently lives in Spain with his beautiful wife, three young boys, and dog Monty.
card shows

How to ruin a hobby

Today we have a fun guest post from our friend Michael from ​MoneyLemma. Michael is a hedge fund analyst who delves into pressing, quirky, unanswered questions in the overlaps between money and society. In this issue, Michael gives his take on the world of card collecting.

Salvator Mundi

Let’s create an art index

What’s on the menu today:

TEFAF 2026: where Leon Kossoff broke everyone’s brain

The artist market cap: Vermeer vs Leonardo vs Warhol vs Hirst

Hormuz, part two: it’s not just oil anymore

FranShares is shutting down

This week’s Alts Cafe tracks turmoil across alternative markets—from FranShares’ shutdown and prediction market scrutiny to gold’s surge, major catalog deals, and signals across collectibles, private credit, and global assets.

Recently Published

Unique investment ideas worth exploring

Our newsletter is everything. Start here.

    Join thousands of subscribers.
    Absolutely spam-free.

    Curious about investing in Wine?

    Get analysis on deals across Vint, Vinovest, and wine/whiskey auctions.


    Join the club. Start here.

      Join thousands of subscribers.
      Absolutely spam-free.