AltamarCAM announced that its fifth Secondaries fund, ACP Secondaries 5, has raised ca. €400m, reaching about one third of the targeted size since the launch of the fund in late February.
AltarmarCAM has been active in the secondaries markets for over 18 years. The firm is focused on generating alpha in the GP-led market and take a bottom-up approach to analysing each underlying asset. Its goal is to ensure a good level of diversification across types of transactions, vintages, geographies, and sectors. Core to our investment philosophy is capital preservation and at the same time providing strong risk adjusted returns for our clients. Since 2005, AltamarCAM has invested €2.3b in over 120 secondaries transactions1 across many strategies – without using fund level leverage.
1 Includes all secondary transactions throughout AltamarCAM vehicles and strategies.
IMPORTANT NOTICE
This document contains information subject to changes about ACP Secondaries 5 FCR (the “Fund”), Altamar CAM Partners, S.L., Altamar Private Equity, SGIIC SAU, CAM Alternatives GmbH, and its subsidiaries and affiliates (jointly referred to as “Altamar CAM”), about other funds and vehicles actively managed or advised by Altamar CAM, about venture capital and private equity and/or private equity real estate industries, infrastructure, technology, secondaries, private debt, direct lending and/or the absolute return funds, both in Europe and globally. This document has not been registered with the CNMV or any other financial regulator.
ACP Secondaries 5, FCR is an investment vehicle whose returns are not guaranteed and with liquidity restrictions. ACP Secondaries 5, FCR is duly registered with the CNMV under number 407. Altamar Private Equity SGIIC, S.A.U., registered with the Spanish Securities & Exchange Commission (Comisión Nacional del Mercado de Valores or CNMV) under number 247, acts as Management Company and BNP Paribas, S.A. Sucursal Spain branch with register number 240 acts as depositary. This document is a marketing communication. Please consult the Prospectus, the Management Regulations of the Fund and the KID before making a final investment decision. The Prospectus and the Management Regulations of the Fund are available on CNMV or upon request. KID available on www.altamarcam.com. It is expressly stated that the legal documentation of the Fund contains a detailed description of the risks of the product, which must be carefully read by the investor. The investor should particularly consider the investment, management, liquidity, leverage, currency, valuation, regulatory, legal and tax risks that may affect his investment.
Past returns are not necessarily indicative of future results given that the current economic conditions are not comparable to prior conditions, which may not repeat in the future. There is no guarantee that the Fund will have similar results as previous funds. Nor are there any guarantees of specific returns, diversification of assets, materialization of assumptions considered (about the market, its stability, its risks or any other) or completion of a given strategy, focus or investment target, all of which, among other factors, depend upon the operating results of the businesses in the portfolio, the value of the assets and market conditions at the time of sale, the costs associated with the transaction and the timing and manner of the sale, all of which can vary from the cases used in the data contained herein. As a result, returns are not guaranteed: the value of the product is subject to market fluctuations, these provisions do not represent a reliable indicator of future results, and such returns may be zero or even negative. Investors should consider that in the event that returns are generated, they are subject to taxation, which will depend on the situation of each investor and may change in the future.
Some of the investment commitments in underlying funds or assets and some investments made by them may be made in currencies other than the Euro and, therefore, their value may fluctuate depending on exchange rates.
AltamarCAM has adopted all measures available to ensure that the information contained herein is true and accurate and to further ensure that no relevant fact which could result in incorrect valuations or evaluations is left out. Some of the information contained in this presentation was obtained from sources outside of AltamarCAM.
The investment referred to herein is the acquisition of shares of the Fund. It is aimed at investors who have the necessary capacity and sophistication to assume the financial risks associated with any potential investment in alternative assets. Investors must have the financial ability and willingness to assume and accept the illiquidity associated with investing in the Fund. The information contained herein is made available on a confidential basis to a limited number of investors and members solely for information and analysis purposes; it is not provided as legal, fiscal or investment advise nor shall it be considered as an offer of sale to acquire any investment product managed or not by AltamarCAM. Any person/entity receiving this document should not make an investment decision without receiving prior individualized legal, tax, financial or other advice, tailored to their personal circumstances. Investors (existing and potential) should complete their own verification and evaluation of the information contained in this document. Each investor should consult their own lawyer, adviser, tax adviser, etc. regarding legal, commercial, tax or any other topic related to the information contained in this document. Each investor shall seek said advisement independently, based on their individual circumstances.
The complete or partial publication, copying, or reproduction of this document, or the complete or partial sending or disclosure thereof to any individual/entity is strictly prohibited. Therefore, the addressees of this document shall neither make copies nor disclose the content of this document without express authorization from AltamarCAM, except in regards to those copies that have been made exclusively for internal use by those individuals within the recipient’s organization that must have access to such information in order to properly perform their job duties. In this regard, the recipient of this document shall be held responsible before AltamarCAM for communicating the confidentiality obligation to their organization’s employees, as well as to any individual or entity that may have access to the information. Each addressee recognizes and agrees that faces confidential information that might represent commercial or industrial secret of AltamarCAM, which should not be disclosed to third parties without prior written consent of AltamarCAM. If the addressee is compelled by law or final decision of the relevant judicial authorities to disclose part or the whole of the information disclosed herein, he shall so notify in writing and immediately to AltamarCAM.
This document and the information herein are not directed to U.S. persons and should not be released, published or distributed, directly or indirectly, in or into the United States. This document does not constitute an offer for US investors. The Fund has not been registered in the U.S.
