Discovery range
Altalife 2023
Private Equity portfolio available in French life insurance and PER Assurance contracts
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Pre-tax yield assumption
Net of all fees, averaged over business cycles
>8%/year
1.7xcommitment
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 Altalife 2023
Altalife 2023, the first FCPR in the Discovery range, offers a diversified private equity portfolio made up of international funds and co-investments in companies with strong growth potential, with no fees or carried.
With Altalife 2023, Altaroc offers both geographic and sector diversification, with liquidity guaranteed by insurers.
With Altalife 2023, Altaroc offers both geographic and sector diversification, with liquidity guaranteed by insurers.
Altalife 2023 key points
marketing period
Until December 31, 2024
duration
10 years
Eligibility
Eligible for French life insurance and PER Assurance
LEGAL FORM
An AMF-certified FCPR fund
minimum subscription
Amount defined by the insurer
SRRI classification
6
Classified
SFDR Article 8 fund
Performance fees
20% exclusively in co-investments
Management fees
2,5%
The Altalife 2023 offer is available to private clients through life insurance policies managed by leading French life insurers.
Private equity investments entail risks of liquidity and capital loss. To find out more about all the risks associated with private equity, visit our Private Equity Performance and Risks page.
Private equity investments entail risks of liquidity and capital loss. To find out more about all the risks associated with private equity, visit our Private Equity Performance and Risks page.
Insurers
An offer distributed by a large number of insurers
The Altalife 2023 FCPR offers access to a portfolio of global private equity funds, usually inaccessible through life insurance contracts and retirement savings plans (PER).
Liquidity guaranteed at all times by the insurer,
100% of the FCPR fund is invested in Private Equity.
At Altaroc, we're delighted to be continuing our partnership with leading players.
Altalife 2023 portfolio
Target composition of the €500 million vintage
fund managers
20% to 50% co-investment
50% to 80% in managers selected for their track records
Fund share
fund managers
2 global managers already selected
Objective
50-80% invested in funds
FCPR Altalife 2023 is committed to 2 funds:
Hg Mercury 4, a mid-market fund from buyout managed by Hg, Europe's leading software fund manager.
Five Arrows Principal Investment IV ("FAPIIV"), a buyout mid-market fund run by the manager Five Arrows (Rothschild), which invests in the software, healthcare and business services sectors.
Both funds invest in Europe and also in the United States, accounting for 20-25% of their funds.
Private equity investments entail risks of capital loss and liquidity. Past performance is no guarantee of future results.
Hg Mercury 4, a mid-market fund from buyout managed by Hg, Europe's leading software fund manager.
Five Arrows Principal Investment IV ("FAPIIV"), a buyout mid-market fund run by the manager Five Arrows (Rothschild), which invests in the software, healthcare and business services sectors.
Both funds invest in Europe and also in the United States, accounting for 20-25% of their funds.
Private equity investments entail risks of capital loss and liquidity. Past performance is no guarantee of future results.
Five Arrows
51.51230942868651, -0.08900576046054165
Five Arrows
Fund manager information
year established
2008
Offices
2
Assets under management
24 € billions
team
+220 people
Hg
51.50535195689056, -0.08055042883579441
Hg
Fund manager information
year established
1997
Offices
3
Assets under management
+ $40Bn
team
+250 people
Co-investments
co-invesTmenT
4 co-investments already completed
Objective
20% to 50% invested
The co-investment portion of FCPR Altalife 2023 is invested in 4 companies:
Visma, an accounting, payroll and human resources software publisher with operations in Europe and Latin America
Diapason, a leading French publisher of cash flow and risk management software for large and mid-sized companies
Evoriel(ex Nexity ADB), a carve-out of the Nexity group's property administration business in France.
Howden, a leading insurance brokerage group, which operates across the entire value chain of the business (insurance, reinsurance, brokerage, consulting).
Private equity investment involves risks of capital loss and liquidity. Past performance is no guarantee of future results.
Visma, an accounting, payroll and human resources software publisher with operations in Europe and Latin America
Diapason, a leading French publisher of cash flow and risk management software for large and mid-sized companies
Evoriel(ex Nexity ADB), a carve-out of the Nexity group's property administration business in France.
Howden, a leading insurance brokerage group, which operates across the entire value chain of the business (insurance, reinsurance, brokerage, consulting).
Private equity investment involves risks of capital loss and liquidity. Past performance is no guarantee of future results.
Howden
Howden is a leading insurance brokerage group, operating across the entire value chain (insurance, reinsurance, brokerage, consulting...).
fund manager
geography
Europe
Sector
B2B Services
Evoriel (ex-Nexity ADB)
Nexity ADB is the former Personal Services division of the Nexity Real Estate group, focused on condominium management and rental leases.
fund manager
geography
Europe
Sector
B2B Services
Visma
Founded more than 25 years ago, Visma has gradually established itself as one of Europe's leading cloud software companies.
fund manager
geography
Europe
Sector
B2B Services
Diapason
Diapason offers a software solution that meets the needs of finance departments. It enables them to optimise liquidity management, automate payments, and manage the risks associated with their financial instrument portfolios.
fund manager
geography
Europe
Sector
Technology and Software
By investing in Altalife, you'll be supporting the growth of promising small and medium-sized businesses in the sectors of the future.
Find out more about the French and international #Licornes that make up our portfolios. Discover also our companies in #HighGrowththat are disrupting their markets through #Innovative. Our portfolios are also built around companies that are #must-have companies you're bound to know, recognized for their #PositiveImpact on the world.
Evoriel (ex-Nexity ADB)
Nexity ADB is the former Personal Services division of the Nexity Real Estate group, focused on condominium management and rental leases.
fund manager
geography
Europe
Sector
B2B Services
Visma
Founded more than 25 years ago, Visma has gradually established itself as one of Europe's leading cloud software companies.
fund manager
geography
Europe
Sector
B2B Services
How FCPR Altalife 2023 works
Minimum subscription amount
The insurer determines the minimum subscription amount within the life insurance contract
Cash liquidity
The client may decide to sell Discovery shares at any time. The shares will be redeemed by the insurer at their net asset value.
Net asset value
The value of the client's shares is determined by the insurer, who receives the portfolio's net asset value from Altaroc every two months.
Newsroom
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