Altamar hires Lambert as head of secondaries

In his new role, Lambert will lead the US-headquartered subsidiary targeting small and medium-size transactions in the private equity secondaries market. According to a statement, the new office is intended to boost the firm's global reach and enhance its dealflow and execution capabilities, alongside the company's presence in Madrid, Barcelona and Santiago, Chile.

Currently, Altamar manages two secondaries-dedicated funds, the 2009-vintage Altamar Secondary Opportunities IV and Altamar Secondary Opportunities VII. The latter vehicle launched in 2013.

Lambert started his carreer at AIG Investments in 1997 as a global analyst and subsequently joined the firm's fund-of-funds activity in both the primary and secondaries business. As head of AIG's Global Secondaries Group, he managed two of the company's vehicles. More recently, Lambert joined the secondaries-focused buyout house Stonevest Capital as a managing partner in 2012.

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