FormDSignal
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Altera Secondary Fund closes $27.36M institutional fund in Atlanta

Fund raise update · Secondaries · Closed · ATLANTA, GA · Form D/A filed 2026-10-06 · sponsor: Altera · all Altera Secondary vehicles

Altera Secondary Fund, LLC, a Delaware LLC formed in 2025, has closed a $27.36M secondaries fund for qualified institutional investors under Regulation D exemption 3(c)(7). The fund reached its target with 82 investors at a $250K minimum.

3(c)(7) — qualified purchasersSecondariesFund of funds

How this compares

  • $27.4M is larger than 26% of the 20 secondaries fund launches with a stated size in the last two years; the median is $62.8M.
  • Among 199 fund launches filed from GA in the same window it is larger than 68%; the GA median is $12M.
  • Across 17 secondaries sponsors with more than one launch on EDGAR, the median gap between consecutive funds is 9 months.
  • This is the sponsor's 2nd fund launch on EDGAR; the previous one, Altera Secondary Fund, LLC, was filed 11 months earlier at $20M.

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

Altera on EDGAR

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

People on the filing

N/A Altera Secondary Fund GP, LLCExecutive Officer
N/A Altera Private Access, LLCExecutive Officer
David FershteynExecutive Officer

Signed by Julie Newman, Managing Director.

Why now — by persona

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