Alteia Fund is an alternative investment fund focusing on Africa and the Middle East, specializing in trade finance for sectors like agriculture and food security. With over $1 billion in assets under management, they provide short to long-term financing solutions to companies, aiming to drive economic growth and job creation in these vital sectors. Alteia emerged from a management buyout of Barak Fund Management’s founding partners in early 2023.
Their investment strategy involves extending fully funded or blended debt in commodity markets, utilizing asset-backed loans with various forms of collateral. This approach seeks to generate equity-like returns in capital-constrained markets with relatively low volatility and limited correlation to broader markets.
Alteia’s team comprises specialists with significant expertise in agricultural commodities, structured trade finance, logistics, and loan management. They have a presence in over 30 African countries and are expanding into new markets in the Middle East, including the UAE and Saudi Arabia.
Focus Areas
Agriculture, food Security
