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Destra Capital Advisors LLC to acquire investment management contracts and assets of Altegris Advisors LLC

PRIVATEMar 27, 2024

Acquiring Company

Destra Capital Advisors

Acquired Company

Altegris Advisors

BozemanLa JollaFinanceVenture CapitalAngel InvestmentFinancial Services

Description

Destra Capital Advisors LLC, a boutique asset management firm, has announced the acquisition of the investment management contracts for several funds and various related assets from Altegris Advisors LLC. This strategic acquisition aims to enhance Destra’s current suite of alternative investment offerings and bring together differentiated investment strategies for use by wealth managers across the country.

Quick answer

Destra Capital Advisors is acquiring Altegris Advisors, announced March 27, 2024. Destra Capital Advisors is based in Bozeman, Montana, United States.

How much did Destra Capital Advisors pay for Altegris Advisors?
The deal value was not disclosed.
What does Destra Capital Advisors do?
Destra Capital Advisors LLC is a boutique asset management firm that was founded in 2008 with the purpose of helping independent thought leaders achieve better wealth outcomes by sourcing the next generation of..
Where are Destra Capital Advisors and Altegris Advisors based?
Destra Capital Advisors is based in Bozeman, Montana, United States. Altegris Advisors is based in La Jolla, California, United States.

Source: Fundz verified event record.

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Company Information

Company

Destra Capital Advisors

Location

Bozeman, Montana, United States

About

Destra Capital Advisors LLC is a boutique asset management firm that was founded in 2008 with the purpose of helping independent thought leaders achieve better wealth outcomes by sourcing the next generation of investment solutions. It selects experienced partners with unique investment strategies or services, offering mutual funds, interval funds, closed-end funds, separate accounts, and investment services to help investors intentionally grow their wealth outcomes over time.

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Frequently asked

Who acquired Altegris Advisors?

Altegris Advisors was acquired by Destra Capital Advisors, based in Bozeman. The deal was reported on March 27, 2024. Destra Capital Advisors is privately held and operates in Finance.

When did Destra Capital Advisors acquire Altegris Advisors?

Destra Capital Advisors's acquisition of Altegris Advisors was reported on March 27, 2024. Destra Capital Advisors LLC, a boutique asset management firm, has announced the acquisition of the investment management contracts for several funds and various related assets from Altegris Advisors LLC. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Altegris Advisors do?

Altegris Advisors LLC is a boutique investment manager with a deep research heritage and pedigree of innovation. It is privately held, operating in Financial Services, and is based in La Jolla.

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