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Private Equity FundAllocates capital directlyActive · deal in last 18 monthsLAST VERIFIED Oct 2026 · 11 SOURCES

AltamarCAM Partners

Also known as AltamarCAM, Altamar Capital Partners, Altamar CAM Partners S.L., ALTAMAR PRIVATE EQUITY, S.G.I.I.C., S.A.

Madrid private-markets manager formed by the 2021 Altamar–CAM merger: primaries, secondaries, co-investments and platforms across PE, VC, infrastructure, real estate and credit; €20B AUM (Dec 2025).

HEADQUARTERS
Madrid, Spain
FOUNDED
—
AUM
€20B (2025)
OUTSIDE CAPITAL
Yes
TEAM LISTED
10 people

FOCUS

STAGES
GrowthBuyout
SECTORS
—
ASSET MIX
Funds (as LP)Private equityVenture capitalReal estatePrivate credit
GEOGRAPHY
Global

WHAT IT IS

Private Equity Fund. A fund manager investing limited-partner capital into mature private companies.

  • Galdana Ventures
    Venture capital fund-of-funds division (Barcelona); its FCRs are managed by Altamar Private Equity SGIIC

ABOUT

AltamarCAM Partners is a partner-led private markets asset manager and solutions provider headquartered in Madrid, formed in 2021 by combining Altamar Capital Partners (founded in Madrid by Claudio Aguirre and José Luis Molina) with Germany's CAM Alternatives. It invests for insurers, pension funds, family offices, foundations, banks and wealth platforms through primary fund commitments, secondaries, co-investments and platforms across private equity, venture capital, infrastructure, real estate, life sciences and private debt, and reported €20B of assets under management at 31 December 2025. In March 2026 Mercer, a business of Marsh, agreed to acquire the firm, with closing expected in the second half of 2026.

INVESTMENT THESIS

Conservative, capital-preservation-focused private markets programmes combining primaries, secondaries, direct co-investments and platform development (mainly in real assets), through funds, managed accounts and evergreen vehicles.

PORTFOLIO (1)

  • LanserhofNOTABLE
    since 2023

TEAM

  • Claudio Aguirre
    Managing Partner & Executive Chairman (co-founder) · source
  • José Luis Molina
    Global CEO (co-founder) · source
  • Dr Rolf Wickenkamp
    Vice Chairman and Co-Founding Partner · source
  • Miguel Zurita
    Managing Partner, Chief Investment Officer · source
  • Frank Albrecht
    Managing Partner Private Equity · source
  • Alexis von Dziembowski
    Managing Partner, Private Equity · source
  • Jürgen Borchers
    Managing Partner · source
  • Ignacio Antoñanzas
    Chairman Infrastructure · source
  • Fernando Olaso
    Chairman of Real Estate · source
  • Elena González
    Co-COO & Global CFO · source

LINKS

FAQ

AltamarCAM Partners is a private equity fund based in Madrid, Spain.

Yes. AltamarCAM Partners invests directly in private companies. It also commits capital to third-party funds as an LP.

AltamarCAM Partners invests at Growth and Buyout stages.

Key people at AltamarCAM Partners include Claudio Aguirre (Managing Partner & Executive Chairman (co-founder)), José Luis Molina (Global CEO (co-founder)), Dr Rolf Wickenkamp (Vice Chairman and Co-Founding Partner) and Miguel Zurita (Managing Partner, Chief Investment Officer).

AltamarCAM Partners's investments include Lanserhof.

The most recent publicly reported investment by AltamarCAM Partners is Lanserhof (€95M strategic investment (with King Street)), announced in Oct 2025.

Yes. AltamarCAM Partners manages capital from outside investors.