Alternative Investments, Engineered for the Long Term.
We build resilient portfolios at the intersection of exclusive access, structural innovation, and rigorous risk management.
Why Alternatives?
The 60/40 portfolio is no longer enough.
Traditional asset classes are increasingly correlated. Public equities and fixed income alone can no longer preserve multi-generational wealth against volatility, inflation, and macroeconomic shifts. Alternatives are a structural necessity.
The Access Advantage
We operate where efficiency breaks down.
Most allocators compete in crowded, over-priced markets. We don't. Our 45-year sourcing network gives us access to high-conviction opportunities before they ever reach the open market.
Off-market sourcing
We source real estate and private market assets directly from owners, sponsors, and operators.
The middle-market sweet spot
Mid-market assets offer institutional-grade stability without mega-cap pricing premiums. That's where durable alpha lives.
Niche, hard-to-access segments
We provide access to structural macroeconomic trends typically out of reach for independent RIAs and family offices.
Our Universe
A curated ecosystem built for all market cycles.
We don't chase trends. We position capital where structural value intersects with secular growth across asset classes, designed to perform in all market cycles.
Traditional Investments Universe
Altes Alternatives Universe
Investment Selection
Selection is everything in alternatives.
The performance gap between top- and bottom-quartile alternative managers is far wider than in public markets. Rigorous, disciplined selection refined over four decades is our core edge.
Source: Morningstar Direct, as of 12/31/2023.
Disclaimer: Past performance is not indicative of future results. Any historical returns, performance results, or projections are illustrative and should not be relied upon as an indication of future performance.
Dimensional Intelligence Framework
Rigorous selection.
Zero compromise.
Securing a unique asset is only half the battle. Every opportunity must clear three independent, risk-weighted thresholds before capital is deployed. High returns cannot override weak governance. A strong strategy cannot mask poor data quality.
01
Investment Diligence
Evaluates investment merit, strategy integrity, and operational infrastructure. A material weakness in compliance or controls is grounds for rejection, regardless of return history.
02
Information Quality
Measures data trustworthiness and objectivity. We penalize unaudited, outdated, or self-reported data. If it can't be independently verified, the asset is disqualified.
03
Risk Assessment
Flags non-market risks: governance failures, behavioral red flags, and misconduct exposure. Our early warning system against bad actors and misaligned incentives.
Reclaiming Your Missing Alpha
Taxes are your largest unmanaged cost.
Unoptimized taxes can quietly erode 30–40% of gross returns over time. At Altes, tax strategy is integrated into every investment decision from day one. True alpha isn't what you earn. It's what you keep.
Opportunity Zones
Defer and eliminate capital gains through targeted real economy developments.
Insurance Dedicated Funds
Wrap private equity, hedge funds, and alternatives into tax-compliant structures for tax-free compounding.
This site is intended for accredited investors only.
Altes Capital, LLC (an SEC-registered investment adviser) carries forward the legacy of AH Haynes & Co. (est. 1981), maintaining continuity of core personnel and investment strategies.
The information contained on this public website (the “Site”) is provided for informational purposes only and is not, and may not be relied on in any manner as, legal, business, tax, or investment advice.
This Site does not intend to provide a complete description of Altes’ investment services or investment programs.
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Past performance is not indicative of future results. There is a risk of loss of capital.
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