ALTAIR HISTORY & BACKSTORY
Altair was founded in 2019 to be a leading alternative asset investment firm with the primary objective of yielding above-market returns for our investors. It’s portfolio company, Larx Advisors, was founded in 2017 to provide business transformation services to middle market companies. The combined firms deliver a unique value proposition to the marketplace in the form of the unique collaboration of capital and cross-functional execution. First and foremost, our interests are aligned with our investors, inclusive of capital structures, tax treatments and liquidity timing that is optimized for their capital budgeting and wealth management needs. We believe in a very different approach to the value creation of direct private investments in operating companies within the lower middle market. Our investment philosophy is guided and shepherded by entrepreneurial founders and lead executives with significant operating experience who are willing to challenge conventional thinking with innovative insights.
We realize that in the absence of Best-in-Class execution of our investment thesis and, perhaps more critically, business plan execution on a deal by deal basis from the bottom up, we are not upholding our promised deliverables. We ensure that mantra at the investment sponsor level by maintaining intense discipline in due diligence, driving operational transformation, and engaging in risk management processes throughout the deal process and all along the value creation curve. Within the business, we recruit and/or retain Best-of-Breed management. This talent mandate is supplemented by our consulting affiliate on an as-needed basis via project management and interim executive management expertise.
While we are consistently focused on the marketable value of the firm at exit, our approach is rooted in a deep understanding of fundamental market features, sector trends, interdependencies among various micro and macro-economic forces, and dynamic secular shifts – all from the beginning to the end of the lifecycle of any investment that we make.