Permira buys stake in AltamarCAM

by Matthias Plötz 27 July 2023

Permira has bought a 40% stake in AltamarCAM through the Permira Growth Opportunities II fund.

According to the firms, there will be no changes to day-to-day operations, and information barriers will be maintained. Permira’s investment is expected to contribute to the development of AltamarCAM’s client services and international expansion.

In a statement, Claudio Aguirre, chair of AltamarCAM, explained how the investment “will allow us to boost our organic and inorganic growth” and went on to say that “our plan is to continue the internationalisation of our business with the aim of widening our future strategic options, which include a potential IPO”.

José Luis Molina, global CEO of AltamarCAM, added: “The private markets sector is consolidating, and it is vital for a firm...

Categories: NewsFundraising & fund structuringFund docsODD / DDQ

22 February 2024

Next stop – carried interest

Liquidity event delays are having an effect on waterfall calculation models

23 February 2024

Intapp makes advancements in generative AI

The cloud-based software solution has released a generative AI-enabled package of features designed to help deal teams with automating the processing of unstructured data

22 February 2024

Comment: What you need to know about ELTIF 2.0

Karma Samdup and Vicki Odette, partners at Haynes & Boone, examine how ELTIF 2.0 aims to unlock private market access for retail investors

21 February 2024

LISTEN: Top of the ops: Is the grass evergreener?

A conversation with Eurazeo's Luc Maruenda on setting up evergreen fund structures

21 February 2024

S&P acquires Visible Alpha

Company aims to bolster Capital IQ offering as it explores opportunities in wealth management services

21 February 2024

Napier AI secures £45m

The investment was made by US credit asset manager Crestline Investors