Altimeter Capital
Also known as Altimeter
Boston, United States Founded 2008 altimeter.com Boston ecosystem (#4 of 32)
Altimeter Capital’s latest fund is Altimeter Premier Growth VIII: $1.6B, 2025, #32 of 427 firms by latest fund.
The numbers
| Year | Raised |
|---|---|
| 2017 | $200M |
| 2025 | $1.6B |
Updates from Altimeter Capital
Overview
Technology investment firm with offices in Boston and Menlo Park that runs a public long/short equity fund alongside private growth and venture funds. Its first private fund (US$75M) closed in 2013. A 2026 Form D shows Altimeter Premier Growth VIII fully sold at US$1.555B; a separate Altimeter Venture Partners Fund VIII filed in March 2026 with a US$750M target and no sales reported yet.
Notable portfolio companies
Funds
| Fund | Closed | Size | Source |
|---|---|---|---|
| Altimeter Premier Growth VIII | 2025 | $1.6B | sec.gov |
| Altimeter Private Partners Fund III | 2017 | $200M | en.wikipedia.org |
LPs on the record
8 private foundations list on their latest IRS Form 990-PF, and 2 other LPs report holding Altimeter Capital’s funds.
- Hillman Family Foundations
- StepStone Private Venture and Growth Fund
- Texas Municipal Retirement System
7 more LPs are in the app. Find LPs that back firms like this one in Hottub’s LP Intelligence: ranked by overlap, with what each holds and how to reach it.
Firms whose LPs overlap
The firms sharing the most LPs on record with Altimeter Capital, relative to how many LPs each has. A peer set like this is what Find LPs ranks LPs from.
- Thrive Capital
- Greenoaks
- Madrona Venture Group
- Andreessen Horowitz
- Qiming Venture Partners
- FTV Capital
Find LPs for Altimeter Capital and these firms: Hottub ranks the LPs that hold their funds, the ones still adding funds first.
Track record
A score of 56 out of 100 from the 2 funds public LPs report, 1 of them in the top half of their vintage. Its ranked funds’ median TVPI is 1.61x and median DPI 0.01x. Pooled where reports give cash flows: 1.78x TVPI, 0.01x DPI. That ranks it 47th of 123 managers with a score.
Each fund once, as the latest of one LP’s reports ranks it by TVPI against funds of the same vintage in those reports; 50 is the median fund, and a short record is pulled toward 50. The full record in LP Intelligence, with each fund’s rank and what usually follows a fund like its latest, or every manager’s.
Reported fund performance
As reported by public LPs that invested in these funds, net of fees. “Versus vintage” ranks each fund against every other fund of the same vintage in that LP’s report, mostly private equity and venture funds. Open a fund for its cash flows and full peer ranking.
| Fund | Vintage | Net IRR | Versus vintage (IRR) | TVPI | DPI | Reported by |
|---|---|---|---|---|---|---|
| Altimeter Growth Partners Fund VI | 2021 | 22.3% | Top quartile | 2.00x | 0.01x | Texas Municipal Retirement System |
| Altimeter Growth Partners Fund V | 2020 | 4.1% | Bottom quartile | 1.22x | 0.00x | Texas Municipal Retirement System |
Texas Municipal Retirement System: TMRS Private Investment Performance Since Inception (Private Equity), as of June 30, 2026. "Percentage Return" since inception as printed by TMRS for funds whose "Performance Methodology" is "IRR" (internal rate of return). TMRS does not label the IRR net or gross and does not say how or by whom it is calculated or when it is not meaningful, so IRRs of very young funds are shown as printed; it states that the information has not been prepared or approved by any manager or general partner and may not reflect their records. TMRS prints no multiple: total value = amount received + remaining value, TVPI = total value / amount invested and DPI = amount received / amount invested are computed from the reported whole-dollar columns. TMRS lists the date(s) of investment (the dates its commitments were completed, matching its Completed Investments Report) rather than a vintage year; the year of the earliest date is used as the vintage. 3 commitments are stated in euros and their committed amount is left blank (the invested, received and remaining amounts are in dollars). 9 commitments have nothing invested yet and so no IRR or multiples. 1 funded holding has no IRR because TMRS prints no return, or a time-weighted return, for it. Private Equity section only (as classified by TMRS; it includes venture, growth, buyout, co-investments and separately managed accounts); the Credit, Global Equity, Real Assets, Tactical Opportunities and Multi Asset Class sections are not imported. View source
About this data
Fund sizes come from firm announcements, SEC filings, and press reports, converted to US dollars near the closing date. Compiled as of October 9, 2026. Notable portfolio companies are examples from public sources, not a complete list.