\closing in
000
D
00
H
\closed since
31/1/2022
Pre-tax yield assumption
Net of all fees, averaged over business cycles
13%/year
1.7x the commitment
The scenarios presented are estimates of future performance based on past data relating to changes in the value of this investment and/or current conditions; they do not constitute an exact indicator. What you achieve will depend on market trends and how long you hold the investment or product. Future performance is subject to tax, which depends on each investor's personal situation and may change in the future. Investment may result in financial loss, as there is no capital guarantee. Private equity investments entail risks, notably liquidity and capital loss.
Discover Odyssey 2021
For its first Vintage Odyssey, Altaroc has built a portfolio comprising five international funds from leading managers, as well as four co-investments made alongside them.
Odyssey 2021 offers effective diversification across Altaroc's preferred sectors and geographies.
Odyssey 2021 offers effective diversification across Altaroc's preferred sectors and geographies.
Vintage 2021 key points
Size
180 million euros
marketing period
From 1 October 2021 to 31 January 2022
duration
10 years
Luxembourg life insurance
Eligible for Luxembourg life insurance
LEGAL FORM
FPCI tax issues
minimum subscription
100 000€
SRRI classification
7
SFDR CLASSIFICATION
Article 8
Performance fees
20% exclusively in co-investments
Management fees
From 2.5% to 1.65% per annum depending on the amount subscribed by the investor
Altamir's investment
30 million euros
The Odyssey range is available to clients deemed professional by nature or size (as defined by MiFID2), as well as to private investors with the capacity to invest 100,000 euros, subject to the product and investment horizon meeting their needs.
This is a promotional document. Please refer to the fund's regulatory documentation and Key Information Document (KID) before making any investment decision. A summary of investors' investment rights can be found in the KID, which is available in our document library.
Investing in Private Equity involves risks, notably involving liquidity and capital loss. To find out about all the risks associated with Private Equity, visit our Private Equity Performance and Risks page.
This is a promotional document. Please refer to the fund's regulatory documentation and Key Information Document (KID) before making any investment decision. A summary of investors' investment rights can be found in the KID, which is available in our document library.
Investing in Private Equity involves risks, notably involving liquidity and capital loss. To find out about all the risks associated with Private Equity, visit our Private Equity Performance and Risks page.
180M€
The
Odyssey 2021 portfolio
Target composition of the €500 million vintage
80% or €400m invested in top-quartile funds
20%, or €100m in co-investment
fund managers
Co-investment
144 M€
fund managers
144 million already committed to 5 global funds
Objective
80%, or €144M invested through selected managers
The fund portion of Vintage Altaroc Odyssey 2021 is fully committed to five funds from international managers: General Atlantic and Insight Partners, two leading growth firms with global geographic coverage, as well as Apax Partners, Nordic Capital and Seven2, which are established buyout players and invest in all Altaroc 's preferred sectors: software, healthcare, business services and consumer goods.
Investing in Private Equity involves risks of capital loss and liquidity. Past performance is no guarantee of future results.
Investing in Private Equity involves risks of capital loss and liquidity. Past performance is no guarantee of future results.
Seven2
48.87417150183641, 2.3086453839655348
Seven2
the funds
37M€
Seven2 MidMarket X
Manager information
year established
1972
Offices
2
Assets under management
4,8 billions $
TEAM
55+ people
Nordic Capital
59.33383323264054, 18.0694646458266
Nordic Capital
the funds
35M€
Nordic Capital XI
Nordic Capital Evolution II
Manager information
year established
1989
Offices
10
Assets under management
20 billions $
TEAM
+160 people
Insight Partners
40.75489190625322, -73.98277450338149
Insight Partners
the funds
20M€
Insight Partners XII
Manager information
year established
1995
Offices
4
Assets under management
$90Bn
TEAM
+230 people
Apax
51.502292306820635, -0.15315418893313046
Apax
the funds
20M€
Apax X LP
100M€
Apax XI LP
Manager information
year established
1972
Offices
7
Assets under management
60 billions $
TEAM
+280 people
General Atlantic
40.764015909119856, -73.972861246419
General Atlantic
the funds
20M€
General Atlantic 2021
General Atlantic 2024
Manager information
year established
1980
Offices
14
Assets under management
90 billions $
TEAM
+450 people
36M€
co-investment
€32M already invested in 4 companies
Objective
20% invested or €36m
The co-investment portion of Vintage Altaroc Odyssey 2021 is fully allocated.
Four co-investments have been made alongside manager Seven2 in leading companies within their markets. A final co-investment is about to be made alongside Nordic Capital, in an international pharmaceutical company.
Investing in Private Equity involves risks of capital loss and liquidity. Past performance is no guarantee of future results.
Four co-investments have been made alongside manager Seven2 in leading companies within their markets. A final co-investment is about to be made alongside Nordic Capital, in an international pharmaceutical company.
Investing in Private Equity involves risks of capital loss and liquidity. Past performance is no guarantee of future results.
Dstny
Dstny offers a comprehensive range of telecommunications and cloud services solutions, designed to meet the needs of businesses of all sizes and in all sectors.
fund manager
geography
Europe
Sector
Technology and Software
Odin Groep
Odin is a Dutch provider of outsourced and cloud IT services. The company offers IT asset management, data hosting and IT infrastructure consulting services.
fund manager
geography
Europe
Sector
Technology and Software
Marlink
Marlink is the world's leading operator of satellite communications services for the shipping and cruise industries. It also provides connectivity services to users operating in harsh environments.
fund manager
geography
Europe
Sector
Technology and Software
Opteven
Opteven specialises in insurance and warranties for vehicles. Its products cover a wide range of risks, including mechanical breakdowns, accidents and damage.
fund manager
geography
Europe
Sector
B2B Services
By investing in Vintage Odyssey, you will be supporting growing companies around the world that are positioned in the sectors of the future.
Discover the French and international unicorns that make up our exceptional Vintage. Discover also our high-growth companies that are disrupting their markets through innovation. Our portfolios are also built around companies that are must-haves, which you're bound to know and that are recognized for their positive impact on the world.
Beewise
Beewise designs intelligent hives for commercial and domestic beekeeping. Its hives use sensors and cameras to monitor internal conditions in real time, with artificial intelligence analysing the data.
fund manager
geography
Rest of world
Sector
Technology and Software
80 Acres Farms
80 Acres Farms is an innovative agricultural company specialising in vertical and urban agriculture, producing fresh, healthy and sustainable food through the use of new technologies, such as robots and artificial intelligence.
fund manager
geography
North America
Sector
B2C
Vinted
Vinted, a Lithuanian unicorn, has created an online platform for the sale of second-hand clothing and accessories. Launched in 2008, it has rapidly expanded its influence in Germany and France, acquiring competitors, such as United Wardrobe and Rebelle.
fund manager
geography
Europe
Sector
B2C
Mobileye
Mobileye is an Israeli company specialising in advanced driver assistance systems. It develops algorithms for the safety of vehicles equipped with cameras, contributing to the advancement of autonomous vehicles.
fund manager
geography
Rest of world
Sector
Technology and Software
Spendesk
French unicorn Spendesk has developed SaaS-based software for managing expenses and expense reports for SMEs. Based in Paris, it operates mainly in France, the USA and Germany, offering a complete solution, including business bank cards, bill payment, budgeting, reporting and more.
fund manager
geography
Europe
Sector
B2B Services
Bubble
Bubble has designed a no-code platform for creating customised applications. The simplified approach with pre-designed building blocks attracts well-known customers, such as L'Oréal, Lyft and HubSpot.
fund manager
geography
North America
Sector
Technology and Software
CommerceIQ
CommerceIQ uses AI to help brands optimise their online sales, by analysing data in real time. The company grew rapidly in 2022, with significant increases in revenue, customer base and headcount.
fund manager
geography
North America
Sector
Technology and Software
Chess.com
Chess.com is the leading online chess site, offering a range of free and paid options for players of all levels.
fund manager
geography
North America
Sector
Technology and Software
Incode
Incode revolutionises identity authentication with an AI-based platform. Its products are used by major institutions, including the US government.
fund manager
geography
North America
Sector
Technology and Software
Back Market
Back Market is Europe's leading online retailer of refurbished electronic products. The French unicorn works with professional sellers, offers a simple and ecological shopping experience that comes with a 12-month warranty.
fund manager
geography
Europe
Sector
B2C
Investor relations
4 financial reports
& 1 ESG report per year
& 1 ESG report per year
Altaroc provides its investors with quarterly financial reports on the latest news and performance of their Vintages.
In particular, these reports provide information on portfolio valuations, additions to and exits from the portfolio, and the latest news on the companies we support.
In particular, these reports provide information on portfolio valuations, additions to and exits from the portfolio, and the latest news on the companies we support.
Report N°1
31 March
Report N°2
31 May
Report N°3
30 Sept.
Report N°4
30 Nov.
ESG Report
31 Dec.
Newsroom
The latest news from the 2021 Vintage
Newsletter
Subscribe to our newsletter to keep up to date with all the latest news.
The investor's life at Altaroc
The Odyssey Vintages have been designed to meet the specific needs of private clients.
A simple 100% digital subscription, a simplified capital call system, tracking of Vintage events and news on the underlying companies: everything has been thought out to offer a seamless and positive experience for both our investors and their advisors.
A simple 100% digital subscription, a simplified capital call system, tracking of Vintage events and news on the underlying companies: everything has been thought out to offer a seamless and positive experience for both our investors and their advisors.
FAQ
Why offer Vintage ranges?
Why is Vintage Odyssey being deployed so quickly?
Why target only the Technology, Healthcare, B2B Services and Digital Consumer sectors?
Will all Vintage Odyssey models be similar?
Vitruvian
Thoma Bravo
Summit Partners
Vista
New Mountain Capital
Inflexion
Main Capital
Cressey & Company
TA Associates
STG
Accel-KKR
Five Arrows
Seven2
Nordic Capital
Insight Partners
Apax
CVC
General Atlantic
Bridgepoint
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