Bonds and private debt
Selected private-debt instruments, with contractual terms defined for each issuance. Digital administration supports subscription and position records; rights arise from the bond documentation and from the issuer's authoritative register.
Reserved to professional investors within the meaning of applicable regulation. Eligibility is verified before any documentation is provided, and participation terms are those of the specific issuance.
The proposition
A bond position is contractual. Term, income, ranking, security and transfer conditions are set out in the documentation of the specific issuance — not assumed from the asset class.
Altherum reviews each strategy before it is presented, then provides a single administrative experience: eligibility, documentation, subscription and position records in one place.
This is descriptive information for professional investors. It is not an offer, a solicitation, a prospectus or investment advice, and documentation is provided on request rather than published.
Current strategies
Only real, documented opportunities appear here. Each is presented with its own terms, risks, eligibility criteria and documentation. Capital and income are not guaranteed.
Real estate
An income-oriented private credit strategy seeking a meaningful income premium, giving access to a diversified portfolio of senior secured private real estate debt across Europe.
How it works
Four steps. Eligibility and identification checks take place through Altherum and are independently confirmed by the relevant issuer before a subscription is accepted.
Investor category and identity are confirmed before any documentation is shared.
Terms and conditions, ranking, security arrangements and risk factors of the specific issuance.
Subscription is completed digitally, with the signed documentation attached to it.
Positions, documents and administrative events are consultable in one place through Altherum.
Administration
A permissioned ledger makes records auditable and tamper-evident. It does not remove issuer risk, does not create liquidity and does not replace the legal documentation of an issuance.
A time-stamped record of investor positions and of the relevant transactions, auditable by the parties entitled to consult it.
Subscription, documentation and ongoing position management are handled in one streamlined administrative flow.
A permissioned environment: only verified and authorized participants may hold or transfer a position.
A digital record represents a bond position. It is not a cryptocurrency and not a bearer instrument; where a digital record and the issuer's official register differ, the register prevails.
What to consider
Rights and risk factors are those of the relevant issuance documentation. What follows applies to private-debt instruments generally.
This page is not directed at retail investors, nor at persons in jurisdictions where such communication would be unlawful.
FAQ
General information only. For any specific opportunity, the transaction documentation reviewed with each eligible investor prevails.
Further reading
Background notes and guides from our editorial hub, written for context rather than promotion.
Next step
If you qualify as a professional investor, we will verify eligibility and share the documentation of the relevant issuance, including the terms and conditions and the risk factors.
