Altus Capital Partners is looking to draw in more family offices and high-net-worth investors in both the U.S. and Europe for its upcoming private equity deals. "It's a good asset class for them; it adds diversification and middle-market private equity has been outperforming the stock market," said
Russell Greenberg, founder.
In addition to U.S. investors, the firm has seen increased appetite from family offices in London, Switzerland and France, and will market to more families via word-of-mouth as well as the conference circuit.
Westport, Conn.-based Altus focuses on U.S. infrastructure, aerospace and defense investments and engineered products. It seeks investments of between $20 and $100 million. "These companies are recession-resistant and not subject to the consumer whims, as they're needed to keep the country running," Greenberg said, adding the institutional investors make up 25% and HNW 75% of its typical deals.
