Public HTML RI reports - PRI reporting framework 2019

Altamar Capital Partners, S.L.

PRI reporting framework 2019

Asset class implementation gateway indicators [OO 10 - 12] Peering questions [OO LE 01 - HF 01]

Investment policy [SG 01 - 04] Objectives and strategies [SG 05 - 06] Governance and human resources [SG 07 - 08] Promoting responsible investment [SG 09 - 11] Outsourcing to fiduciary managers and investment consultants [SG 12] ESG issues in asset allocation [SG 13 - 15] Asset class implementation not reported in other modules [SG 16 - 17] Innovation [SG 18] Communication [SG 19]

Indirect – Manager Selection, Appointment and Monitoring

Listed Equity and Fixed Income Strategies [SAM 01] Selection [SAM 02 - 03] Appointment [SAM 04] Monitoring [SAM 05 - 07] Outputs and outcomes [SAM 08 - 09]

Confidence building measures

Confidence building measures [CM1 01 - 07]

Export Public Responses

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Basic information

OO 01. Signatory category and services

01.1. Select the services and funds you offer

Select the services and funds you offer	% of asset under management (AUM) in ranges
Fund management	0% <10% 10-50% >50%
Fund of funds, manager of managers, sub-advised products	0% <10% 10-50% >50%
Other	0% <10% 10-50% >50%
Total 100%

Further options (may be selected in addition to the above)

Hedge funds

Fund of hedge funds

01.2. Additional information. [Optional]

Altamar Capital Partners is the holding company of the Altamar Group (from now on "the Altamar Group", "Altamar" or "the Group"). The Altamar Group, founded in October 2003, is a global, leading, independent firm that specialises in investing in International Private Equity and other Alternative Assets (Private Equity Real Estate, Venture Capital, Infrastructure, and Private Debt), through different strategies (primary, secondary and co-investment), using funds of funds or bespoke managed accounts.

The Group's primary goal since its founding is to provide institutional investors, pension funds, insurance companies, financial entities, foundations, private high net worth investors (HNWI) and family offices with efficient access to alternative investments through the best international managers.

The Group's investor base consists of some of the main blue-chip investors in Europe (Spain and other European countries) and Latin America. Altamar has a unique relationship with its clients based on trust, quality of service and total transparency. Altamar seeks to establish a long-term and lasting relationship with its clients, with the aim to develop a deep understanding of their needs and objectives.

As of December 2018, Altamar Capital Partners has raised €5.9bn (1) of capital through various alternative investment vehicles with a successful track record.

The Altamar Group currently has a team of 161 employees and external consultants who dedicate most of their time to the Group. Altamar currently has four offices (Madrid, Barcelona, Santiago de Chile and New York) and a Senior Advisor based in Asia.

(1) Including third-party funds distributed by Altamar Global Investments AV and Altamar SA Administradora General de Fondos, as well as smaller vehicles to invest in specific projects and a separate account managed by Altamar Private Equity SGIIC.

OO 02. Headquarters and operational countries

02.1. Select the location of your organisation’s headquarters.

Spain

02.2. Indicate the number of countries in which you have offices (including your headquarters).

2-5

6-10

>10

02.3. Indicate the approximate number of staff in your organisation in full-time equivalents (FTE).

141 FTE

02.4. Additional information. [Optional]

Offices

Altamar currently has four offices (Madrid, Barcelona, Santiago de Chile and New York). Altamar Capital Partners' headquarters are in Madrid (Spain) where most of the team is based (117 full-time employees).

The office in Santiago de Chile, allows Altamar to offer a better service to its Latin-American clients and be closer to the managers of the region. The Chilean office currently employs 7 full-time staff.

The office in Barcelona, which specialises in the Venture Capital sector, consists of 10 professionals with broad experience in the Venture Capital market.

The New York (USA) office allows Altamar to expand its global market reach and to strengthen Altamar's secondary market capabilities. The New York office has grown to 7 professionals in recent months.

Additionally, Altamar collaborates with 20 external professionals across all delegations.

Structure

Altamar's activity is organised into two categories: business and support. The former includes the Research and Investment Department and the Investor Relations, Business Development and Portfolio Analytics departments. The latter includes the Operations and Administration Department and the Risk and Compliance Department.

1. Business departments:

• Investor Relations, Business Development and Portfolio Analytics: Focused on providing outstanding service to our clients and preparing investment performance information.

• Research and Investments: Works to realise attractive medium and long-term returns, while seeking a proper balance between risk and return for the following asset classes:

Private Equity
Private Equity Real Estate
Venture Capital
Infrastructure
Credit

2. Support departments:

• Operations and Administration: Includes Administration, Human Resources, Accounting, Legal, and IT departments. The Operations and Administration Departments, (I) produces detailed corporate financial statements and fund valuations, (II) carries out the day-to-day entity and investment vehicles operations, (III) manages client positions, (IV) coordinates human resources, (V) offers legal support, and (VI) develops and monitors IT systems. This department serves the entire firm.

• Risk and Compliance: Focuses on regulatory compliance, proactive management of risk, monitoring of efficiency/effectiveness of the Group's operations and procedures and corporate governance.

OO 03. Subsidiaries that are separate PRI signatories

03.1. Indicate whether you have subsidiaries within your organisation that are also PRI signatories in their own right.

Yes

03.3. Additional information. [Optional]

The entire Altamar Group is a PRI Signatory since 2016.

OO 04. Reporting year and AUM

04.1. Indicate the year end date for your reporting year.

31/12/2018

04.2. Indicate your total AUM at the end of your reporting year.

Include the AUM of subsidiaries, but exclude advisory/execution only assets, and exclude the assets of your PRI signatory subsidiaries that you have chosen not to report on in OO 03.2

Total AUM
Total AUM	trillions	billions	millions	thousands	hundreds
Currency
Assets in USD
Assets in USD	trillions	billions	millions	thousands	hundreds

Not applicable as we are in the fund-raising process

04.4. Indicate the total assets at the end of your reporting year subject to an execution and/or advisory approach.

Not applicable as we do not have any assets under execution and/or advisory approach

04.5. Additional information. [Optional]

Since its foundation, Altamar has raised €4.9 bn of assets under management through its main business areas (Private Equity, Private Equity Real Estate, Infrastructure, Venture Capital, Private Debt, and segregated accounts).

Furthermore, Altamar has distributed €1bn of third-party products (fixed income funds, hedge funds, etc.) through its Brokerage Division Altamar Global Investments AV.

Henceforth, Altamar Global Investments AV assets will not be included in the AUMs breakdown questions in this report, since these assets are only distributed, not managed.

OO 06. How would you like to disclose your asset class mix

06.1. Select how you would like to disclose your asset class mix.

as percentage breakdown

as broad ranges

	Internally managed (%)	Externally managed (%)
Listed equity	0 0	0 0
Fixed income	0 0	<10% 5
Private equity	0 0	>50% 62
Property	0 0	10-50% 15
Infrastructure	0 0	<10% 8
Commodities	0 0	0 0
Hedge funds	0 0	0 0
Fund of hedge funds	0 0	0 0
Forestry	0 0	0 0
Farmland	0 0	0 0
Inclusive finance	0 0	0 0
Cash	0 0	0 0
Money market instruments	0 0	0 0
Other (1), specify	0 0	10-50% 10
Other (2), specify	0 0	0 0

'Other (1)' specified

          'Other (1)' specified: Venture Capital

06.2. Publish asset class mix as per attached image [Optional].

AUM Breakdown Altamar.png [18KB]

06.3. Indicate whether your organisation has any off-balance sheet assets [Optional].

Yes

06.5. Indicate whether your organisation uses fiduciary managers.

Yes, we use a fiduciary manager and our response to OO 5.1 is reflective of their management of our assets.

No, we do not use fiduciary managers.

06.6. Provide contextual information on your AUM asset class split. [Optional]

Venture Capital has been listed under 'Other, specify' since it did not appear as an asset class in the given categories.

OO 07. Fixed income AUM breakdown (Private)

OO 08. Segregated mandates or pooled funds (Private)

OO 09. Breakdown of AUM by market

09.1. Indicate the breakdown of your organisation’s AUM by market.

88 Developed Markets

12 Emerging Markets

0 Frontier Markets

0 Other Markets

Total 100% 100%

09.2. Additional information. [Optional]

The Group invests primarily in the U.S and European markets with moderate exposure to Emerging Markets to diversify further our portfolio.

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