PIONEERS AND INNOVATORS SINCE 2005
Since 2015, Altura has continued to evolve. To stay updated on our latest news and resources, please visit our news section.
2017
SBCC is playing a pivotal role in developing an ecosystem of corporations, entrepreneurs and capital providers working together to transform and accelerate growth in the market
SBCC works collaboratively with corporations and the Billion Dollar Roundtable to identify and develop high-caliber suppliers through our SCD (Scale, Convert, Divest) model
2015
Small Business Community Capital II, LP (SBCC) launched in July 2015, upon receiving a license to operate as a small business investment company (SBIC) from the United States Small Business Administration. As an SBIC Impact Fund, SBCC invests in small and mid-sized companies with a focus in underserved communities and the growing diverse markets.
SBCC is one of the 9 SBIC Impact funds in the country. Monika is the first Latina to be granted an SBIC license in history. The fund is currently backed by a stellar group of Institutional Investors, Corporations, Financial Institutions and ultra high net worth individuals; and manages $147 million.
2013
In 2013, Altura was hired by a large insurance company to allocate $300 million in an emerging manager program, including US Large Cap, US Small Cap and International Equity.
2012
In October of 2012, the fund managed by Altura and its partners, Alliance Bernstein, Greenfield Partners LLC and Rialto Capital Management LLC, returned all of the capital raised, at a profit, from its AllianceBernstein Legacy Securities Fund (Public-Private Investment Partnership or “PPIP”) to investors. The U.S. Department of the Treasury, which was a 50% investor in the Fund, received a total of $1.54 billion in distributions with respect to its equity investment (consisting of Treasury’s $1.06 billion investment in the Fund and approximately $474 million in profit), representing an internal rate of return (IRR), net of fees and expenses, of 18.7% since the Fund’s inception in October 2009. In addition, the Fund distributed approximately $12.0 million in warrant proceeds to Treasury and has repaid with interest $2.13 billion in debt that Treasury provided to the Fund.
2011
In 2011, Altura was selected by New York State Common Retirement Fund, New York Teachers’ Retirement System and New York State Insurance Fund to collaborate on an advisory and database management project.
Further in 2011, Alura was again awarded the distinction of serving as part of the CalPERS Spring Fed pool of Investment Diversity Consultants to provide consulting services for investment opportunities through diversity. Altura was also selected by CalSTRS to be in its pool of advisors through 2 awards: a general consulting contract and a specialty consulting contract.
2010
In 2010, Altura provided emerging manager consulting services to the FDIC.
Altura developed research and capital solutions for small and diverse businesses that allowed the firm to begin preparing to launch a private equity arm.
2009
In 2009, Altura was selected as a sub-advisor to AllianceBernstein in the CPP asset management mandate to provide Manager of Manager services for the U.S. Treasury, and as a sub-advisor to AllianceBernstein for its PPIP fund.
2008
In 2008, Altura released the Emerging Manager Information Platform, a groundbreaking, web-based, annual subscription application that allows institutional investors to tap into this universe. The Platform provides research, data analytics, due diligence, market intelligence, and collaborative tools. The tool is widely used by many of the largest institutional investors in the country and the world.
2006
In 2006, under the aegis of CalSTRS and CalPERS, Altura launched a database to gather data on an extensive universe of untapped talent industry, broaden diversity investment opportunities for public and private pension funds, promote transparency and access to capital, and develop a better understanding of emerging investment firms.
Also in 2006, Altura was awarded a separate contract to be part of the CalPERS Spring Fed pool of Investment Diversity Consultants to provide consulting services for investment opportunities through diversity.
2005
Altura launched its Advisory Services business in 2005 and was awarded a mandate to provide consulting services to the California State Teachers Retirement System (CalSTRS) and, through an inter-agency agreement with CalSTRS, to the California Public Employees Retirement System (CalPERS).
From 2015 on Altura has continued to evolved into a great company,
for more information you may visit our news section to stay updated
with the latest resources and news about Altura Capital.
for more information you may visit our news section to stay updated
with the latest resources and news about Altura Capital.
2015
NEW YORK, July, 2015 / — Small Business Community Capital II, LP (“SBCC”) announced today that it has received a license to operate as a small business investment company (“SBIC”) from the United States Small Business Administration, paving the way for SBCC to deploy capital into dynamic businesses in low-and moderate-income (“LMI”) areas in the U.S. and Puerto Rico. SBCC was created to seize opportunities in the growing emerging domestic markets, in partnership with the principals and founders of Savile Opportunity Fund LP and Altura Capital.
2013
2013, Altura is hired by a large insurance company to allocate $300 million in an emerging manager program, including US Large Cap, US Small Cap and International Equity.
2012
In October of 2012, the fund managed by Altura and its partners, Alliance Bernstein, Greenfield Partners LLC and Rialto Capital Management LLC, returned all of the capital raised, at a profit, from its AllianceBernstein Legacy Securities Fund (Public-Private Investment Partnership or “PPIP”) to investors. The U.S. Department of the Treasury, which was a 50% investor in the Fund, received a total of $1.54 billion in distributions with respect to its equity investment (consisting of Treasury’s $1.06 billion investment in the Fund and approximately $474 million in profit), representing an internal rate of return (IRR), net of fees and expenses, of 18.7% since the Fund’s inception in October 2009. In addition, the Fund distributed approximately $12.0 million in warrant proceeds to Treasury and has repaid with interest $2.13 billion in debt that the Treasury provided to the Fund.
2011
Further in 2011, we were selected by New York State Common Retirement Fund, New York Teachers’ Retirement System and New York State Insurance Fund to help them in an advisory and database management project.
In 2011 we were awarded again the distinction of serving as part of the CalPERS Spring Fed pool of Investment Diversity Consultants to provide consulting services for investment opportunities through diversity. We were also selected by CalSTRS to be in its pool of advisors through 2 awards a general consulting contract and a specialty consulting contract.
2010
2010 Altura launched Small Business Community Capital as a vehicle to invest in small and mid sized companies with a focus in underserved communities and the growing diverse markets. SBCC currently manages a $147 million SBIC Impact Fund. One of the 9 Impact funds in the country. Monika is the first Latina ever to get an SBIC license. The fund is backed by a stellar group of Institutional Investors, Corporations, Financial Institutions and ultra high net worth individuals.
In 2010, Altura provided emerging manager consulting services to the FDIC. Since 2010 Altura developed research and capital solutions for small and diverse businesses that allowed the firm to launch a private Equity arm.
2009
In 2009, Altura was selected as a sub-advisor to AllianceBernstein in the CPP asset management mandate to provide Manager of Manager services for Treasury, and as a sub-advisor to AllianceBernstein for its PPIP fund.
2008
In 2008, Altura released the Emerging Manager Information Platform, a groundbreaking, web-based, annual subscription application that allows institutional investors to tap into this database. The Platform provides research, data analytics, due diligence, market intelligence, and collaborative tools. The tool is widely used by many of the largest institutional investors in the country and the world.
2006
In 2006, under the aegis of CalSTRS and CalPERS, Altura launched a database to gather data on an extensive universe of untapped talent industry, broaden diversity investment opportunities for public and private pension funds, promote transparency and access to capital, and develop a better understanding of emerging investment firms.
In April 2006, Altura was awarded a separate contract to be part of the CalPERS Spring Fed pool of Investment Diversity Consultants to provide consulting services for investment opportunities through diversity.
2005
Altura launched its Advisory Services business in 2005 and was awarded a mandate to provide consulting services to the California State Teachers Retirement System (CalSTRS) and, through an inter-agency agreement with CalSTRS, to the California Public Employees Retirement System (CalPERS).