Altera Private Income Fund 4, LLC updates its Form D — $6.5M sold

Fund raise update · Private credit · Raising · ATLANTA, GA · Form D/A filed 2025-03-31 · all Altera Private vehicles

3(c)(7) — qualified purchasers

How this compares

$15M is larger than 34% of the 184 private credit fund launches with a stated size in the last two years; the median is $30M.
Among 199 fund launches filed from GA in the same window it is larger than 54%; the GA median is $12M.
Across 66 private credit sponsors with more than one launch on EDGAR, the median gap between consecutive funds is 5 months.
No earlier fund launch by this sponsor appears on EDGAR.

Computed from every Form D fund launch on EDGAR since late 2024, not sampled. Amounts are the stated offering size; indefinite offerings are excluded.

Raise progress

Filed	Form	Sold	Investors	Change
2024-12-16	D/A	$3.7M	12
2025-03-31	D/A	$6.5M	21	+$2.8M
2025-10-03	D/A	$9.9M	27	+$3.4M
2026-01-08	D/A	$11.4M	31	+$1.5M
2026-07-13	D/A	$16.8M	35	+$5.4M

Amount sold and investor count as restated on each of the issuer's Form D filings. A rise since the previous filing is capital closed in between.

Altera Private on EDGAR

Earlier and related filings by the same issuer and sponsor. All Altera Private vehicles →

Altera Private Income Fund 4, LLC updates its Form D — $16.8M sold

Fund raise update · Private credit · Closed · Offering $16.8M · Sold $16.8M · ATLANTA, GA · filed 2026-07-13

Sold rose to $NaN (+$5.4M, +4 investors) in 186 days since the previous filing.

3(c)(7) — qualified purchasersCapital closing now

Altera Private Income Fund 4, LLC updates its Form D — $11.4M sold

Fund raise update · Private credit · Raising · Offering $15M · Sold $11.4M · ATLANTA, GA · filed 2026-01-08

Sold rose to $NaN (+$1.5M, +4 investors) in 97 days since the previous filing.

3(c)(7) — qualified purchasers

Altera Private Income Fund 4, LLC updates its Form D — $9.9M sold

Fund raise update · Private credit · Raising · Offering $15M · Sold $9.9M · ATLANTA, GA · filed 2025-10-03

Sold rose to $NaN (+$3.4M, +6 investors) in 186 days since the previous filing.

3(c)(7) — qualified purchasersCapital closing now

Altera Private Income Fund 4, LLC updates its Form D — $3.7M sold

Fund raise update · Private credit · Raising · Offering $15M · Sold $3.7M · ATLANTA, GA · filed 2024-12-16

3(c)(7) — qualified purchasers

Altera Private Credit 3 PA, LLC updates its Form D — $9.6M sold

Fund raise update · Private credit · Raising · Offering $15M · Sold $9.6M · ATLANTA, GA · filed 2024-12-23

3(c)(7) — qualified purchasers

People on the filing

N/A Altera Private Income Fund 4 GP, LLC	Executive Officer
N/A Altera Private Access, LLC	Executive Officer
David Fershteyn	Executive Officer

[email protected] · observed Work emails for the people on the filing, where the firm publishes or patterns them, labelled by confidence — subscribers

Signed by Julie Newman, Managing Director.

Why now — by persona

Relevant to: Fund audit & tax, Fund administrator.

Filing contact

The issuer's phone number and address from the filing are shown to subscribers. See plans.