Altamar Real Estate’s vast experience, solid track record and proven capacity to access to the best fund managers and investment opportunities, have positioned the firm as the leading international Real Estate investment manager in Spain.
Real Estate currently represents a basic asset class in institutional investors’ portfolio building strategies. Among the factors that have led to increased allocations to this type of assets are its yield generating capacity, diversifying effect due to its low correlation with other financial assets, and ability to generate superior returns even in unfavorable cycles.
Altamar Real Estate has a differentiated strategy, adapted to market cycle and opportunity, focused on value creation through active management (for example looking to reposition or improve assets, deliver rental management, etc.), with risk protection and capital preservation always in mind.
Altamar Real Estate invests in a variety of markets along with fund managers with local presence and extensive and successful track-records, using a combination of PERE funds (Primaries and Secondaries) and direct investments (co-investments) creating balanced portfolios with appropriate diversification in terms of the number of investments, vintages, geographies, sectors, and so on.
Altamar Real Estate has a rigorous and disciplined process to identify and select the best investment opportunities. With thorough monitoring and control of the portfolio, this optimizes evolution of funds under management.
Since 2006, the Altamar Real Estate team has managed three funds totaling around
Altan IV Global I.I.C.I.I.C.I.L. (“Altan IV”) was launched in 2Q 2017 with a very similar strategy to its predecessors. Altan IV has a target size of up to €400MM. It is aimed at institutional investors such us insurance companies and pension funds, and private investors including family offices and high net worth individuals. The Fund is regulated and supervised by the CNMV
The investment in PERE through the funds managed by ALTAN provides important advantages:
Unique knowledge of the PERE sector and rigorous selection process.
ALTAN has a proven Access to best managers worldwide.
The investment in ALTAN allows to build a diversified portfolio of PERE funds with a significantly lower capital commitment than the one required to build a similar portfolio investing directly in the underlying funds.
Adequate managers and investment risk diversification (~10-12 managers and ~200 assets/real estate portfolios in different sectors- offices, retail, industrial, hotels, etc- and geographical regions)
|PROGRAM||VINTAGE||INVESTMENT STRATEGY||MARKET SEGMENT||LINK|
|Altan I Inmobiliario Global FIL||2007/08||Private Equity Real Estate Global||Large, Mid & Small||More|
|Altan II Inmobiliario Global FIL||2007/08||Private Equity Real Estate Global||Large, Mid & Small||More|
|Altan III Global FIL||2013/14||Private Equity Real Estate Global||Large, Mid & Small||More|
|Altan IV Global I.I.C.I.I.C.I.L.||2017/18||Private Equity Real Estate Global||Large, Mid & Small||More|