On December 13, 2022, Azimut Group announced that it will acquire a minority equity interest in Sanctum Altriarch Investment Management.
Under the terms of the transaction, Azimut Group (“Azimut”) announced that it will acquire a 12.5% equity interest in Sanctum Altriarch Investment Management (“Sanctum Altriarch”). Azimut will make the investment through its United States subsidiary, Azimut Alternative Capital Partners, LLC. The deal is subject to standard regulatory review.
Sanctum Altriarch, based in Palo Alto, is a private credit firm focused on senior secured and subordinated loans to venture capital-based technology companies.
Azimut, based in Milan, Italy, is a global investment firm that focuses on public equities, fixed income, private equity, private credit and venture capital. Azimut had over €85 billion in assets under management as of September 2022.
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