Altamar PE Unveils €250M Fifth Fund

Altamar Private Equity has rolled out its fifth fund to invest in mid-market private equity funds in Europe, the U.S. and Asia, AltAssets reports. The fund Altamar V, which raised €120 million at the end of July, is expected to raise €200 million by the end of the year.

The fund targets to raise €250 million by the first half of next year. The firm has also set up a new office in Santiago, Chile, to be headed by Alvaro González, a senior investment officer.

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