Alden Global Capital is a privately owned hedge fund sponsor. The firm launches and manages hedge funds. It invests in the public equity and fixed income markets across emerging markets including Russia, MENA, India, Frontier Markets, and Canada. The firm primarily invests in distressed debt. It was previously known as BreakPoint Capital Group LLC.

Alden Global Capital was founded in 2007 and is based in New York, New York with additional offices in Dallas, Texas; Houston, Texas; London, United Kingdom; Dubai, UAE; and Mumbai, India. The firm operates as a subsidiary of Smith Management LLC.