Marsh has completed its acquisition of AltamarCAM. With the private markets specialist on board, Marsh's private markets business grows to USD 75 billion in assets under management. AltamarCAM contributes expertise and solutions in areas including secondaries, co-investments and tailored mandates.

Jeffrey Dissmann, Leader Investments at Marsh Germany, said (paraphrased) that the integration of AltamarCAM specifically strengthens Marsh's private markets platform and broadens its expertise in an asset class that is becoming increasingly important for its clients in Germany. Alexander Duckwitz, Partner and Head of Investor Relations Germany & Austria at AltamarCAM, added (paraphrased) that personal service by familiar contacts and the usual quality of work remain unchanged for investors in Germany and Austria, while the range of expertise and solutions available to them is expanding.

AltamarCAM's executives will take on senior roles in the new platform; around 280 employees are transferring to Marsh. In Germany, AltamarCAM has an office in Cologne and employs more than 50 private markets experts there and in its German team.

This text was automatically translated from the German original.