Maritime I: New valuation window, 7 days only. Meaningful discount for Tranche 1 investors.
Real Estate II: Commitment calls are live. Express interest now.
Film Co-Invests: Two new films going live for investment this week.
Affiliate Payouts: First month under the new program. $378 paid out to 12 affiliates.
Four Upcoming Events: Two in NYC, one in Sydney, one in Valencia
Japan Trip: Early bird ends tonight! 5 spots left. Prices go up tomorrow.
Asks & Offers: Distressed bar in Lisbon, and a technical cofounder search for an AI lending startup.
Let's go 🚀
👋 New Members
Welcome to the 28 new members since last week 👋
A few notable members..
🎞️ Sofia Stefou is the founder and CEO of VidaCher. She has two active projects in development: FOUND, a psychological romantic thriller shooting this summer in Malta and the UK, and AMGUE, an immersive themed experience built around ocean conservation.
Originally from Toronto, she is now based in LA.
🏖️ Corey Livingston is the LA-based founder & CEO of Splitz, a fintech company building the financial operating system for the creator economy. They help creators, agencies, and brands manage payouts and access to capital in real time.
He's into alternative assets, exotic cars, and timepieces.
🇸🇻 Dean McClelland is the founder of founder of Tontine Trust — solving the 'nastiest, hardest problem in finance'. Based in El Salvador, his solution enables you to share the risk of living a long life with a class of 10,000 strangers.
Tontines pay you a monthly income for life that ends when your time comes. When members of the class pass away and no longer need the income, their leftover savings get shared with the rest of the class.
Fascinating idea!
🗽 Margarita works in real estate in NYC. She also co-runs Own Property Abroad, connecting international buyers with real estate agents in their target markets, currently partnering with 11 agencies across Southeast Asia and Europe.
Quick update on Maritime I, and this one has a tight deadline.
The Oceyon team is offering Altea members the chance to invest at a lower valuation.
You can access to Tranche 1 of their current raise at a CHF 15M pre-money valuation.
This is a meaningful discount to the CHF 20M valuation in the investor memo, and well below the CHF 25M valuation that Tranche 2 will roll out at in 3 months.
Details
The window is 7 days. It closes sooner if the remaining allocation fills. This is not a soft deadline.
The allocation is nearly gone. Tranche 1 is CHF 500K total. Roughly CHF 300K is already committed — including capital from Altea members who invested earlier this year, who will also benefit from the repriced terms. That leaves approximately CHF 200K remaining.
The discounted valuation applies to all Tranche 1 investors, including anyone who has already committed. If you're already in, your terms just got better!
That means guaranteed access to Oceyon's vessels during a live salvage operation. Not as a passive observer, but present on-site as the recovery happens.
It's a rare thing to be able to offer. If the financial returns are what gets you in the door, the Explorers Club is what makes this memorable.
How to invest at this lower valuation
If you're interested or have questions, smash reply or email [email protected]
We've got two film loans in final diligence that should go live this week.
Not sure what this means?
We make small loans to film producers -- usually around $300k for 4-5 months -- backed by government tax credits. Short duration, low LTV, happy investors.
During Altea’s New York tour last year, Viral Kothari gave Altea members a behind-the-scenes look at the Timeless Turtle; a high jewelry artefact built to showcase the timeless durability, rarity, and cultural significance of natural diamonds.
The first showcase will feature seven natural pink diamonds, each representing a different stage of life and perspective on time. Drinks and hors d’oeuvres will be served.
He has 8 complimentary spots reserved for Altea members. Access code is ALTEA
We're hosting our first-ever meetup in Valencia, Spain on Thursday, July 9th.
Join me and as we spend an afternoon with , visiting the site of Alvaro 16 — the beachside apartment project in La Malvarrosa, Valencia.
We'll gather at 2:00pm for the site visit. At 4:00pm, we'll sit down for lunch at Casa Montaña — a famous Valencia tapas restaurant in the heart of the Cabanyal beach area, just steps from the project.
A big thank you to everyone who referred new members to Altea last month. Your support means the world to us and helps this community grow into something truly special.
This was our first month using the new Affiliate Program.
May by the numbers:
12 affiliates earned payouts
18 new members joined through referrals
$378.45 paid out in total
Affiliates: Payout details are in your inbox 🤑
Not yet an affiliate? Want to start earning? We'd love to have you involved.
How you get paid
Referrals. We pay $5.00 for each referral who joins
Upgrades. We pay 30% of revenue when a referral upgrades to Altea Paid.
Investments. We fund a 10% co-investment in your name when a referral invests in an Altea SPV. (10% of carried interest from capital you refer)
Apply now
If approved, we'll give you a unique referral link
You can share your link anywhere; email, social media, private chats, etc.
Once someone joins through you, they’re tagged to your account permanently. You get credit no matter when they upgrade or invest.
Meanwhile, a judge found in favor of Big League Advance in their case vs Padres right fielder Fernando Tatis, Jr.
"The best deals I've seen in athlete lending are backed by the guaranteed part of the athlete’s pro contract and direct debited from payroll. And even better when there’s an insurance component as well (death, dismemberment, disgrace)" — Bryan Cooley
"Historically Tontines are bought by 50% of US households so it’s definitely popular with families. The best way to leave assets to your heirs is to create a separate trust fund which gives your heirs an income for life rather than a lump-sum inheritance that they could squander prematurely." — Dean McClelland
If you're in the Dallas-Fort Worth area on Tuesday (June 2) and wants free appetizers and drinks please reach out to Steven. He runs a hard money lending fund and is doing a property tour.
Experience Japan like an insider, meet captivating people, and enjoy this once-in-a-lifetime travel adventure.
Reserve your spot now
Everything covered except your flight: 4 nights of hotel, all meals, all drinks, in-country transport including the shinkansen up to Nagano, every activity, every speaker session.
Early Bird (ENDS TONIGHT): $3,499
Standard (June 1+ onwards): $3,999
Final Call (Sept 1+ onwards): $4,499
Bring a guest at any tier: +$2,999
This is the highest demand we've ever had for an investor trip. There are 5 spots left, and they absolutely will not last long.
$1,000 holds your spot. It's fully refundable up to 60 days before the trip.
If you're on the fence about joining, I suggest you put the deposit down now. The price goes up by $500 tomorrow!
He's helped thousands of investors do 1031's. But you gotta talk to him before you sell, because once a 1031 starts, the IRS gives you 45 days to identify a replacement property and 180 days to close.
Miss that window, and you're writing a check you didn't have to write.
If you own investment real estate and have even a passing thought of selling in the next year or two, chat with Tom
🥃 House of Rare Genesis PX
Robb Report just named the Genesis PX the best ultra-premium tequila on the market. No tip-off, no paid placement. They found it on their own.
1,000 bottles available, each in a crystal decanter. $229.99 + tax. Altea members get free shipping with code SHIP4FREE (auto-applied at checkout.)
City Captain Oliver Sampson was approached about investing in a friend's bar in Lisbon.
The deal is that the current silent partner wants to be bought out of his percentage (~300k€), which includes the bar property downtown. It's a property deal with recurring revenue (smallish) with tremendous upside on the property value in one of the hottest real estate markets in the world.
He's wondering, this ought to be replicable, right? Buying distressed businesses and then collecting running revenue without doing the asshole PE-bust-out move with an eye to 5-10 year return on property values?
Eric Boshart is building Prelia, an AI-native operating system for hard money lending firms.
The demo is real and live. Pre-seed raised and real prospects in discovery. He's very plugged into the credit world already with deep operational expertise.
But he needs a technical partner who can take the demo to actual product. Not a contractor — someone willing to come in at founding-team economics. Strong engineering generalist who's shipped real production infrastructure, comfortable with the kind of full-stack work this requires. Bonus if you've worked on vertical fintech infrastructure before.
