AI Business
1d ago
Altimeter Capital Management Aims to Raise Over $3 Billion for New Investment Funds
Nov 10, 2026
AI Summary
Altimeter Capital Management is seeking to raise approximately $3.3 billion through two new funds. The firm plans to allocate $2.5 billion to late-stage, pre-IPO companies and an additional $800 million to $900 million for younger startups.
- Altimeter Capital Management is an investor in OpenAI and Anthropic PBC.
- The firm is targeting a $2.5 billion venture capital fund for late-stage, pre-IPO companies.
- Additionally, Altimeter is in discussions to raise between $800 million and $900 million for a fund focused on younger startups.
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