Have you suffered investment losses in Altegris Millennium Fund, L.P. ? If so, The White Law Group may be able to help you recover your losses by filing a FINRA Dispute Resolution claim against the brokerage firm that sold you the investment.
According to there website, Altegris is a group of affiliated companies owned and controlled by private equity funds managed by Aquiline Capital Partners LLC, Genstar Capital Management, and certain senior management of Altegris and other affiliates. As of March 31, 2016, Altegris and its affiliates report $2.43 billion in client assets. Altegris has a strong focus on alternative investments. “[Altegris] suite of alternative investment solutions are designed for financial professionals and individuals seeking to improve portfolio diversification.”
Alternative investment products, like Altegris, involve a much greater degree of risk compared to traditional investments, such as stocks, bonds, or mutual funds. They are generally sold as unregistered securities and therefore lack the same regulatory oversight as more traditional investment products.
In general, alternative investments are involve a high degree of risk, lack liquidity and transparency, and can be highly leveraged – typically making them better suited for sophisticated and institutional investors.
Broker dealers that sell alternative investments are required to perform adequate due diligence on all investment recommendations to ensure that each investment is suitable for the investor in light of the investor’s age, risk tolerance, net worth, financial needs, and investment experience.
If a broker makes an unsuitable investment recommendations or fails to adequately disclose the risks associated with an investment they or their company may be liable for investment losses.
To determine whether you may be able to recover investment losses incurred as a result of your purchase of Altegris Millennium Fund, L.P. or another Altegris fund, please contact The White Law Group at 1-888-637-5510 for a free consultation.
The White Law Group is a national securities fraud, securities arbitration, and investor protection law firm with offices in Chicago, Illinois and Vero Beach, Florida. For more information on the firm and its representation of investors, visit www.WhiteSecuritiesLaw.com.