
Altamar and CAM combine businesses
Altamar Capital Partners and CAM Alternatives have combined their businesses to create a pan-European private asset manager with €14bn in assets under management.
The new group will be named Altamar CAM Partners and have a presence in Europe, North America, Latin America and Asia.
It will be co-chaired by Claudio Aguirre and Rolf Wickenkamp and managed by a joint executive committee. José Luis Molina and Andreas Schmidt will lead the businesses in Spain and Germany, respectively. The firm's global team will comprise 220 staff, including more than 70 investment professionals.
Clients of the new entity will have access to a combined product, service and technology platform across numerous asset classes (private equity, venture capital, real estate, infrastructure, Private credit and life sciences) and strategies (primaries, secondaries and co-investments). The firm will also offer tailor-made solutions, from commingled funds to SMAs.
The firm's combined client base will consist of institutional investors, high-net-worth individuals and family offices.
With this transaction, Altamar and CAM expect to further expand internationally, while broadening their product offering, the firms said in a joint statement.
Founded in 1998 and headquartered in Cologne, CAM Alternatives is a manager for alternative investments, focusing on private equity, private debt and infrastructure.
Based in Spain, Altamar Capital Partners is a financial services group dedicated to providing institutional investors and private clients access to private markets.
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater