NEW YORK–(BUSINESS WIRE)–Altaira Strategic Partners, LLC, a provider of institutional-grade back and middle office solutions for investment funds, is expanding its platform with two new offerings: Alpha+ and Krell+. Combined, Alpha+ and Krell+ avoid the fixed cost burden of hiring additional personnel and technology systems as fund managers look to efficiently scale their businesses.
Michael Fastert, Founding Partner and CEO of Altaira said:
“Discrete operational alpha will be a key component of the next generation of fund performance – as our industry continues to evolve, adding passive alpha to investment performance can create true organizational performance. We see Alpha+ and Krell+ as two discrete, measurable ways managers can unlock untapped alpha through smarter treasury management and optimized technology deployment.”
Fund treasury and technology infrastructure management are specialized functions that smaller and mid-sized fund managers lack the time and resources to properly address, potentially leaving easy money on the table. Yet both verticals can significantly augment a firm’s operational environment, especially as investors increasingly scrutinize operational efficiency and costs.
Alpha+: Turning Treasury into a Source of Passive Alpha
As fund treasury becomes more complex, having the ability to streamline how the fund pays its counterparties can go a long way to reducing costs and optimizing those relationships. Alpha+ addresses this by delivering a centralized treasury management and securities lending program designed to streamline operations and maximize the efficient use of fund capital. Giving fund managers the opportunity to generate “passive alpha”, in addition to pure market alpha in the front-office, adds horsepower to their returns, and by doing so, also enhances their institutional credibility.
Alpha+ provides an array of tools including:
- Collateral & margin optimization
- Short borrow optimization
- Active cash management
- Wallet share optimization across multiple prime brokers
Fastert adds: “As hedge funds continue to become more institutional, this is an important focus. If you’re a mid-size fund, inefficient treasury management places you at a disadvantage compared to larger funds who have this capability and might add 30 to 50 basis points a year.” Bundled with treasury management, Altaira’s tax optimization service helps funds enhance after-tax returns. Altaira works directly with clients’ CFOs and trading teams to harvest losses strategically, navigate wash sales, minimize taxable events through trade timing, and strengthen compliance reporting.
“Alpha+ is a discrete way to provide a more efficiently managed tax to book picture for your investors,” said Fastert. “As hedge funds continue to add institutional investors with various tax sensitivities, Alpha+ helps managers to actively optimize their portfolio from a tax perspective, so that returns are not swallowed by a less than favorable book-to-tax picture.”
Krell+: Turning Technology from a Cost Center into a Growth Driver
Altaira’s Krell+ offering combines vCTO (virtual Chief Technology Officer) and vCIO (virtual Chief Information Officer) services into a flexible, scalable solution that allows fund managers to dynamically manage their technology infrastructure and data ecosystem without the cost of full-time senior technology hires.
“Not having dedicated in-house technology personnel can result in disparate, stand-alone systems whose potential is not maximized and can lead to failed implementations before fund managers can even think about anything forward-facing around next-gen technology ecosystem or agentic AI,” explained Fastert. “In addition, our vCTO services help manage our clients’ technology infrastructure managed service provider. Our experienced technology team works side-by-side with your MSP to optimize your technology infrastructure and foster a value-add technology environment. Krell+ has been developed to give managers the oversight and integration they need at a fraction of the cost of hiring in-house.”
As data management evolves in the era of generative and agentic AI, finding novel ways to ingest a wider universe of data to drive research and reporting sophistication to higher standards is likely to become a key differentiator among active managers.
Altaira’s experts help managers establish a “golden source” of data to improve reporting accuracy, portfolio research, and operational resilience. With more than 60 years of combined experience designing and managing technology environments for leading hedge funds, Altaira’s team provides a menu of modular solutions, including:
- Data Warehouse Management
- External Data Integration
- Technology System Integration
- AI Integration
“The most effective environment combines personnel with cutting edge technology that does not just accomplish tasks or replace costs, but creates value through an improved operational model.” Michael Fastert, Founder & CEO, Altaira.
Altaira’s pricing model for Alpha+ and Krell+ ensures that all clients, no matter what their size, are treated equally:
Alpha+: fixed basis-point charge to the fund
Krell+ vCTO: hourly bundle (typically 10–15 hours per month, scalable as needed)
Krell+ vCIO: project-based or flat-fee bundled service covering reporting and data management
Alpha+ and Krell+ underscore Altaira’s commitment to helping fund managers identify new sources of growth and redefine their operating model for a digital-first future, building long-term institutional-quality organizations.
“Fund managers who can demonstrate to investors they are addressing every layer of operational alpha, from treasury management to tax optimization, will be on a strong footing going forward. Our aim is to be their partner on that institutional journey,” said Fastert.
About Altaira Strategic Partners
Founded in 2024, New York-headquartered Altaira Strategic Partners LLC is an independent spin out from its parent group, AlTi Global, a leading independent global wealth manager with over $77 billion of assets under advisory and management. Altaira’s mission is to partner with both emerging and established asset managers to provide a state-of-the-art institutional operating environment. Altaira’s origins trace back to Tiedemann Investment Group, which has been providing institutional back and middle office services to fund managers since 1980. It joined forces with Tiedemann Advisors, Alvarium Investments Limited and Cartesian Growth Corporation in November 2022 under the trading name Alvarium Tiedemann Holdings, Inc. (or “AlTi”). For more information visit: https://www.altairastrat.com
Contacts
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Green Lion Media
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