Mutua Madrileña suscribes €16m to Altamar fund

The fund targets institutional investors and seeks to take LP positions acquired prior to the crisis. The vehicle will seek to buy commitments valued between €5-15m from investors whose portfolios have seen a 50% depreciation due to the crisis.

Altamar Secondary Opportunities, which closed in December above the initial €50m target, is the the fourth fund raised by Altamar since it began operating in 2004.

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• Topics
• Secondaries
• Southern Europe
• Spain
• LP interest secondary