Sidley Represents Azimut Alternative Capital Partners in Their Agreements to Acquire a Minority Equity Interest in Sanctum Altriarch Investment Management

Sidley represented Azimut Group, one of Europe’s largest independent asset managers, via its U.S. subsidiary Azimut Alternative Capital Partners, LLC, in its agreements to acquire a minority equity interest in Sanctum Altriarch Investment Management and certain affiliated entities, an emerging, diverse venture lending firm based in Palo Alto, CA and Charleston, SC.

AACP was established in 2019 to provide private market-focused alternative asset managers with permanent capital to grow and reach their potential.

Sanctum Altriarch was formed in 2022 as a diverse private credit firm focused on senior secured and subordinated loans of US$10 million to US$50 million to venture-backed technology companies with enterprise values of US$50 million to US$1 billion.

The Sidley team was led by Investment Funds partner Joseph Schwartz and Investment Funds associate Ellie Cohen, with assistance from Labor, Employment and Immigration counsel Eric Hoffman and Tax partner Noam Waltuch.