Founded by Maurice Tchenio, one of the forerunners of European Private Equity, Altaroc launched Altamir, the first Evergreen Private Equity fund in Europe back in 1995.
In May 2021, Frédéric Stolar, co-founder and former Managing Director of LBO fund Sagard, joined Altaroc Partners.
The two men, who know each other well, having worked together at Apax, are successful former managers of major international funds with over 80 years' combined Private Equity Experience .
They decided to team up around an ambitious project: to democratise access to institutional Private Equity in Europe.
In May 2021, Altaroc began building its pioneering 100% digital technology platform and launched its first Vintage on 15 October 2021.
Raised €180M in less than 10 weeks, mainly through wealth management advisors.
Maurice and Frédéric gear up to respond to the enthusiasm of investors and the growing demand from Partners, who see Altaroc Vintages as an essential tool not only for building loyalty but also for winning over new clients, at a time when the stock and real estate markets are becoming less and less reassuring for private investors.
Despite geopolitical and macroeconomic uncertainties from the war in Ukraine, the resurgence of inflation and rising interest rates, the Altaroc teams managed to raise €465M for this second Vintage, making Altaroc the leader in institutional-quality Private Equity for private clients in Europe.
At the same time, Altalife was launched. This new FCPR fund offers an institutional-quality Private Equity portfolio, eligible for French life insurance contracts and PER retirement plans, with liquidity guaranteed by the insurer.
A real success, given that 12 months after its launch, this first FCPR fund from Altaroc is offered as part of the range of eight leading life insurers.
The team continues to expand to offer Partners and Altaroc investors a high-performance digital ecosystem, quality support and exceptional products.
It is with great enthusiasm that in April 2023 the Altaroc team launched its third Altaroc Vintage Altaroc and in September 2023 opened an office in Geneva.
The FCPR range (formerly Altalife) becomes Discovery, the FPCI range (formerly Altaroc Global) becomes Odyssey, and the Société de Gestion Amboise Partners becomes Altaroc Partners.
Altaroc 's ambition has never been clearer: to leverage the technology and expertise of its teams to offer its partners and investors the very best in institutional private equity products and services.
To date, the company has more than 50 experts with a passion for their profession.