Altera Panther Fund, LLC is a private investment fund based in Atlanta, Georgia. According to its most recent Form D, filed Oct 6, 2026, it has sold $11,700,000 of interests to 41 investors since its first sale in Dec 2025. The minimum investment it accepts from an outside investor is $250,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Altera Panther Fund GP, LLC; Altera Private Access, LLC; David Fershteyn.
- Total raised
- $11,700,000Cumulative sales reported on Form D
- Investors
- 41
- First sale
- Dec 29, 2025
- Minimum investment
- $250,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Altera Panther Fund GP, LLC; Altera Private Access, LLC; David Fershteyn
- Latest Form D
- Oct 6, 2026
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about Altera Panther Fund, LLC
What is the minimum investment for Altera Panther Fund, LLC?
According to its latest Form D, filed Oct 6, 2026, the minimum investment Altera Panther Fund, LLC accepts from an outside investor is $250,000.
Who can invest in Altera Panther Fund, LLC?
Altera Panther Fund, LLC is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.
How much has Altera Panther Fund, LLC raised?
Altera Panther Fund, LLC reports $11,700,000 sold from 41 investors on its Form D filed Oct 6, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Altera Panther Fund, LLC based?
Altera Panther Fund, LLC is based in Atlanta, Georgia and is managed by Altera Private Access, LLC.
When did Altera Panther Fund, LLC launch?
Altera Panther Fund, LLC reports its first sale in Dec 2025, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every private investment fund
Raised more than 50% of the 238 private investment funds based in Georgia, and more than 43% of all 10,333 that report sales.