Stockholm (HedgeNordic) – Alternative asset managers Altamar Capital Partners and CAM Alternatives have agreed to combine their businesses to create an independent partner-led pan-European private asset manager with over €14 billion under management. The post-combination company – named Altamar CAM Partners – will offer a complete product, service and technology platform across asset classes such as private equity, venture capital, real estate, infrastructure, private credit and life sciences.
The post-combination organization will be co-chaired by Claudio Aguirre, the co-CEO and founding partner of Altamar Capital Partners, and Rolf Wickenkamp, the co-CEO and founding partner of CAM Alternatives, and managed by a joint Executive Committee. José Luis Molina, the co-founder and co-CEO of Spanish investment manager Altamar Capital Partners, will lead the combined firm’s business in Spain, while Andreas Schmidt, the co-CEO of Cologne-based CAM Alternatives, will lead the business in Germany. The Altamar CAM Partners team will comprise 220 employees, including more than 70 investment professionals.
“With a larger combined organisation, we will be able to create efficiencies, improve results for our clients and increase our visibility in front of GPs and LPs.”
“We have worked with CAM Alternatives for more than eleven years, and share a long-term, trusting partnership. With a larger combined organisation, we will be able to create efficiencies, improve results for our clients and increase our visibility in front of GPs and LPs,” Claudio Aguirre of Altamar Capital Partners comments on the merger. “The combined entity will have an excellent geographic footprint and be better positioned for further international expansion.”
“By joining forces we are not only expanding our portfolio of asset classes and investment solutions, but also the international presence of CAM Alternatives.”
“We are delighted with the combination of CAM Alternatives’ and Altamar Capital Partners’ businesses, which comes with considerable advantages for both our clients and our employees,” says Rolf Wickenkamp of CAM Alternatives. “By joining forces we are not only expanding our portfolio of asset classes and investment solutions, but also the international presence of CAM Alternatives,” he continues. “Altamar is a very successful private markets manager, with whom we have had a close relationship for many years. The mutual trust, vision and values we share are a great starting point for an exciting future together.”