White Paper

Defining Liquid Alternatives

About the report:

Synchronized market sell-offs and the breakdown of the classic stock-bond diversification model have exposed a critical vulnerability in traditional portfolio construction. Investors now require strategies built for resilience, not just growth. Liquid Alternatives offer institutional-grade investment strategies within a regulated, transparent structure — democratizing access to alpha sources that were once reserved for private capital.

Download the report to explore how Liquid Alts function as a modern portfolio's third pillar, delivering low-correlation returns with ETF-level liquidity and oversight.

Share

To download this white paper, please complete the form below.

This site is intended for accredited investors only.

Altes Capital, LLC (“Altes”) is an SEC-registered investment adviser. Altes was formed in 2024, following the merger with AH Haynes & Co. (founded 1981). References to the firm’s history since 1981 reflect the combined investment activities and legacy of AH Haynes & Co. and the continuity of its core investment strategies now managed by Altes.

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.

The information on this Site, including any references to Altes’ funds or investment programs, is not an offer to sell or a solicitation of an offer to buy any securities, investment products, or services.

This Site contains proprietary information, graphics, and materials concerning Altes, its affiliates, and its investment programs.

Past performance is not indicative of future results. There is a risk of loss of capital.

© Copyright 2026 Altes Capital, LLC. All rights reserved.

The content on this Site may not be copied, reproduced, republished, transferred, transmitted, displayed, distributed, or otherwise used in any form or by any means without the prior written consent of Altes Capital, LLC.

Altes provides this Site on an “as is” and “as available” basis without warranty of any kind. Altes, its affiliates, or its partners shall not be liable for any damages, liability, or loss related to your use of this Site or its content.

This site is intended for accredited investors only.

Altes Capital, LLC (“Altes”) is an SEC-registered investment adviser. Altes was formed in 2024, following the merger with AH Haynes & Co. (founded 1981). References to the firm’s history since 1981 reflect the combined investment activities and legacy of AH Haynes & Co. and the continuity of its core investment strategies now managed by Altes.

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.

The information on this Site, including any references to Altes’ funds or investment programs, is not an offer to sell or a solicitation of an offer to buy any securities, investment products, or services.

This Site contains proprietary information, graphics, and materials concerning Altes, its affiliates, and its investment programs.

Past performance is not indicative of future results. There is a risk of loss of capital.

© Copyright 2026 Altes Capital, LLC. All rights reserved.

The content on this Site may not be copied, reproduced, republished, transferred, transmitted, displayed, distributed, or otherwise used in any form or by any means without the prior written consent of Altes Capital, LLC.

Altes provides this Site on an “as is” and “as available” basis without warranty of any kind. Altes, its affiliates, or its partners shall not be liable for any damages, liability, or loss related to your use of this Site or its content.

This site is intended for accredited investors only.

Altes Capital, LLC (“Altes”) is an SEC-registered investment adviser. Altes was formed in 2024, following the merger with AH Haynes & Co. (founded 1981). References to the firm’s history since 1981 reflect the combined investment activities and legacy of AH Haynes & Co. and the continuity of its core investment strategies now managed by Altes.

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.

The information on this Site, including any references to Altes’ funds or investment programs, is not an offer to sell or a solicitation of an offer to buy any securities, investment products, or services.

This Site contains proprietary information, graphics, and materials concerning Altes, its affiliates, and its investment programs.

Past performance is not indicative of future results. There is a risk of loss of capital.

© Copyright 2026 Altes Capital, LLC. All rights reserved.

The content on this Site may not be copied, reproduced, republished, transferred, transmitted, displayed, distributed, or otherwise used in any form or by any means without the prior written consent of Altes Capital, LLC.

Altes provides this Site on an “as is” and “as available” basis without warranty of any kind. Altes, its affiliates, or its partners shall not be liable for any damages, liability, or loss related to your use of this Site or its content.