AltamarCAM Partners

What they do

AltamarCAM Partners is a leading independent private asset manager in Europe, created in 2021 from the merger of Spain's Altamar Capital Partners and Germany's CAM Alternatives. The firm manages over €20 billion in assets, offering a comprehensive platform for private market investments to a global client base of institutional investors and high-net-worth individuals. Their distinctive model combines a fund-of-funds approach, providing diversified access to top-tier international managers, with strategic co-investments and direct investments across multiple asset classes. In 2023, global investment firm Permira acquired a 40% stake, a move intended to bolster AltamarCAM's international expansion, technology investment, and strategic growth, including a potential future IPO.

What they look for

AltamarCAM's investment thesis is centered on providing clients with superior risk-adjusted returns through privileged access to the best opportunities in private markets. Their philosophy is described as conservative and risk-averse, with a focus on capital preservation and alpha generation. They achieve this by building well-diversified portfolios through a combination of primary fund investments, secondary transactions, and direct co-investments, leveraging their extensive network to access top-class international managers. For their direct and co-investment activities, AltamarCAM states they look for "great companies where our capital, expertise and global relationships drive transformation." Their venture capital arm, Galdana Ventures, focuses on backing "gamechanging companies" by investing in the world's top-performing VC managers who have a track record of success with iconic companies.

Stage

Seed, Series A, Series B+

Sectors

SaaS, AI, Fintech, Healthcare, Deeptech

Based

Madrid, ES