Hogan Lovells advises Marsh on Mercer’s acquisition of AltamarCAM
LONDON, 24 March 2026 – Global law firm Hogan Lovells has advised Marsh on Mercer’s agreement to acquire AltamarCAM, a specialist private markets asset manager and solutions provider with €20 billion in assets under management. Completion is expected before the end of the year, subject to regulatory approvals.
Founded more than 22 years ago, AltamarCAM has built a global private markets business, with more than 280 employees dedicated to helping insurers, family offices, pension funds, foundations, banks, and other wealth platforms across Europe and Latin America to source, execute, and monitor private market investments.
The acquisition of AltamarCAM, will significantly expand Mercer’s private markets platform, adding expertise in secondaries, co-investments, bespoke accounts, and evergreen vehicles to enhance its multi-asset private markets offering for clients.
The Hogan Lovells team advising Marsh was led by John Connell, head of UK M&A, together with partners Francesca Parker (M&A) and Cees Brouwer (Private Equity), and counsel Enrique de Pablos (M&A, Madrid). The team was supported by associate Hope O’Dwyer (M&A), 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), and trainee solicitors Audrey Tan (Commercial Litigation) and Samuel Tahir (M&A), as well as Madrid's Tax team with counsel Alejandro Moscoso del Prado (Tax, Madrid) and senior associate Alexis Panizo (Tax, Madrid).
The deal involved multi-jurisdictional legal advice and utilized cross-practice teams across the full range of the Hogan Lovells network.



