{
  "crd_number": 156954,
  "slug": "alterna-capital-partners-llc-amherst-nh-156954",
  "primary_business_name": "ALTERNA CAPITAL PARTNERS LLC",
  "legal_name": "ALTERNA CAPITAL PARTNERS LLC",
  "dbas": [
    "ALTERNA GENERAL PARTNER II LLC - \"AGP II\" (RELYING ADVISER)",
    "ALTERNA TARAWA GP LLC (RELYING ADVISER)",
    "ALTERNA/LAVACA GENERAL PARTNER LLC - (RELYING  ADVISER)"
  ],
  "city": "Amherst",
  "state": "NH",
  "country": "United States",
  "cbsa_code": "31700",
  "metro": {
    "cbsa_code": "31700",
    "common_name": "Manchester",
    "msa_name": "Manchester-Nashua, NH",
    "path": "/advisors/nh/manchester"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2012-03-30",
  "years_registered": 14,
  "period": "2026-10-01",
  "filing_date": "2026-03-26",
  "carried_forward": false,
  "raum_total": 336551414.0,
  "raum_discretionary": 288038742.0,
  "raum_non_discretionary": 48512672.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 4,
  "advisory_employees": 3,
  "client_count_bucket": null,
  "clients_by_type": {
    "pooled_investment_vehicles": {
      "raum": 336551414.0,
      "count": 3
    }
  },
  "compensation_types": [
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "FL",
    "NH"
  ],
  "websites": [
    "https://alternacapital.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/156954",
  "city_as_filed": "AMHERST",
  "url": "https://advisorcensus.com/firm/alterna-capital-partners-llc-amherst-nh-156954",
  "display_name": "Alterna Capital Partners LLC",
  "summary": "Alterna Capital Partners LLC is an SEC-registered investment advisory firm in Amherst, NH, registered since 2012, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 26, 2026.",
  "citation": "AdvisorCensus. Alterna Capital Partners LLC (CRD 156954): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Performance-based fees"
  ],
  "advisory_activity_labels": [
    "Portfolio management for pooled investment vehicles (other than investment companies)"
  ],
  "quick_answers": [
    {
      "q": "How is Alterna Capital Partners LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Alterna Capital Partners LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure."
    },
    {
      "q": "Where is Alterna Capital Partners LLC located?",
      "a": "Alterna Capital Partners LLC's principal office is in Amherst, NH, according to its Form ADV."
    },
    {
      "q": "Is Alterna Capital Partners LLC registered with the SEC or a state?",
      "a": "Alterna Capital Partners LLC is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 156954."
    },
    {
      "q": "How much does Alterna Capital Partners LLC manage?",
      "a": "Alterna Capital Partners LLC reports $336,551,414 in regulatory assets under management in its Form ADV filing dated March 26, 2026 (86% discretionary)."
    },
    {
      "q": "How have Alterna Capital Partners LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Alterna Capital Partners LLC: Regulatory assets under management: $817,011,698 in the October 2021 data and $336,551,414 in the October 2026 data, down 59%. Total employees: 11 in October 2021 and 4 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Alterna Capital Partners LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (3)."
    },
    {
      "q": "Does Alterna Capital Partners LLC report any disciplinary disclosures?",
      "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/156954"
    },
    {
      "q": "What changed in Alterna Capital Partners LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: No longer lists the business name Alterna General Partner LLC - \"AGP\" (Relying Adviser). Registered or notice-filed in FL."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 817011698.0,
      "total_employees": 11,
      "filing_date": "2021-03-26"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 771163525.0,
      "total_employees": 11,
      "filing_date": "2022-03-28"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 769514188.0,
      "total_employees": 10,
      "filing_date": "2023-03-29"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 584492702.0,
      "total_employees": 10,
      "filing_date": "2024-03-26"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 363253589.0,
      "total_employees": 6,
      "filing_date": "2025-07-15"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 336551414.0,
      "total_employees": 4,
      "filing_date": "2026-03-26"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "No longer lists the business name Alterna General Partner LLC - \"AGP\" (Relying Adviser).",
        "Registered or notice-filed in FL."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/alterna-capital-partners-llc-amherst-nh-156954.md",
  "clients": [
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 3,
      "fewer_than_5": false,
      "raum": 336551414.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/156954",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}
