Alterna invests in capital assets and companies with significant involvement in the ownership, operation or financing of capital assets. Alterna seeks to make privately negotiated investments within the energy, industrial, power, transportation and related sectors. Alterna invests between US$25 million and US$100 million of equity capital in each transaction and will consider smaller or larger investments where appropriate. Alterna was founded in 2008 and managed over US$1.25 billion in 2016 across two funds and co-investments.