Linklaters, Hogan Lovells and Uría Menéndez on AltamarCAM sale to Mercer
Linklaters has advised Permira on the sale of AltamarCAM Partners to Mercer, a subsidiary of US-listed insurance group Marsh & McLennan Companies.
The transaction will see Mercer acquire AltamarCAM, a private markets asset manager with approximately €20bn in assets under management, integrating the business into its global private markets platform.
The transaction is subject to regulatory approvals and is expected to close in the second half of 2026. The combined business is expected to operate under the Marsh brand from next year.
Hogan Lovells has advised Marsh on the acquisition.
Uría Menéndez has advised AltamarCAM on the transaction.
The team
The Linklaters team advising on the transaction included Carmen Burgos, José Buigues, and Alberto Bocchieri.
The Hogan Lovells team advising Marsh was led by John Connell, Head of M&A in the UK, together with partners Francesca Parker (M&A, London) and Cees Brouwer (Private Equity, London), and counsel Enrique de Pablos (M&A, Madrid). The team was supported by associate Hope O’Dwyer (M&A, London); partner Alex Dolmans (M&A, Madrid); senior associate Carlos Beltrán (M&A, Madrid); associate Belén Placencia (M&A, Madrid); senior associate Kate Morrison-Betts (M&A, London); and trainee solicitors Audrey Tan (Commercial Litigation, London) an dSamuel Tahir (M&A, London), as well as Hogan Lovells’ Tax team in Madrid, including counsel Alejandro Moscoso del Prado (Tax, Madrid) and senior associate Alexis Panizo (Tax, Madrid).
In the picture: Carlos Beltrán, Belén Placencia, Alex Dolmans, Enrique de Pablos, Alejandro Moscoso del Prado and Alexis Panizo.
Uría Menéndez’s team was coordinated by Rafael Núñez Lagos, with participation from Susana Serrano, Luis Ignacio Díaz, Pablo Bonmatí, Martín Rodríguez, Clara Irina Torrente and David Ruiz on corporate matters. Tax advice was provided by Rafael García Llaneza and Daniel Casado; regulatory advice by Isabel Aguilar; competition matters by Antonio Guerra and Alberto Pérez; and employment by Daniel Cerrutti.
