Hatteras Investment Partners, established in 2003 and based in Raleigh, North Carolina, is an alternative investment firm that offers specialized funds such as the Hatteras Private Markets Plus Fund and the Lower Middle Market Buyouts Fund, aiming to provide diversified exposure to private equity and alternative asset classes . The firm caters to financial advisors and institutional investors seeking access to alternative investment strategies. However, in 2021, Hatteras sold its funds to The Beneficient Company, a move that led to significant investor losses—up to 95% in some cases—and resulted in a class-action lawsuit filed in April 2024 against its leadership for alleged failure to disclose the sale and obtain investor approval . Despite these challenges, Hatteras continues to operate, offering its investment products and services to clients .​