Alphawaveglobal

Alpha Wave (Alpha Wave Global) is an alternative asset manager founded in 2012 that operates across four verticals: private equity, private credit, public markets, and insurance and retirement solutions. The firm reports approximately $29 billion in assets under management and 11 offices across 8 countries.

Its private equity vertical is oriented toward identifying and investing in what the firm describes as power-law companies defining the AI era; disclosed portfolio companies include SpaceX, Cerebras, Anthropic, OpenAI, Aman, Long Lake and Ramp. The private credit vertical originates senior secured loans with credit teams based in the US, the EU and Australia, targeting current income. The public markets vertical focuses on special situations with the stated aim of producing uncorrelated return streams. The firm is also launching an insurance company intended to provide life insurance and retirement products with contracted, tax-efficient returns for policyholders.

Business model

The firm manages third-party and proprietary capital across four investment strategies — private equity growth and late-stage equity investments, originated senior secured private credit, public-market special situations, and a planned insurance/retirement product line offering contracted returns to policyholders.

As an alternative asset manager, the firm's activities center on investment strategies across private equity, private credit and public markets, plus planned insurance and retirement products for policyholders.

Traction

The firm reports approximately $29 billion in assets under management and cites investments in companies including SpaceX, Cerebras, Anthropic, OpenAI, Aman, Long Lake and Ramp.