\closed since
31/1/2022
Pre-tax performance assumption
Net of all fees, averaged over business cycles
13%/an
1.7x the committed capital
Investing in private equity entails risks, particularly in terms of liquidity and capital loss.
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.
Discover Odyssey 2021
For its first Vintage Odyssey, Altaroc has built a portfolio consisting of 5 international funds managed by leading players, as well as 5 co-investments made alongside them.
This portfolio aims for targeted sector and geographic diversification, as well as increased resilience in the face of economic cycles.
This portfolio aims for targeted sector and geographic diversification, as well as increased resilience in the face of economic cycles.
2021 Vintage Key points
Size
180 millions of euro
marketing period
From 01/10/2021 to 31/01/2022
duration
10 years
Luxembourg life insurance
Eligible for Luxembourg life insurance
LEGAL FORM
FPCI with tax benefits
minimum subscription
100 000€
SRRI classification
7
SFDR CLASSIFICATION
Article 8
Carried interest
20% only on co-investments
Management fees
From 2.5% to 1.65% per annum depending on amount subscribed by the investor
Investment by Altamir
30 millions of euro
The Odyssey range is available to clients deemed professional by nature or size (as defined by MiFID II), as well as to private investors with the capacity to invest € 100,000, subject to the product and investment horizon meeting their needs.
This is a marketing 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 in relation to 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 marketing 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 in relation to liquidity and capital loss. To find out about all the risks associated with Private Equity, visit our Private Equity Performance and Risks page.
180 €m
The
Odyssey 2021 portfolio
Target composition of the €500m Vintage
80% or €400m invested in top-quartile funds
20% or €100m in co-investments
managers
Co-Investment
144 €m
managers
€144m already committed in five global funds
Target
80% invested through selected managers, i.e. €144m
The "funds" component of Vintage Altaroc Odyssey 2021 is fully committed to five leading international management companies.
General Atlantic and Insight Partners, two major players in the Growth segment with a global footprint, have been selected alongsideApax Partners, Nordic Capital and Seven2, three m companies recognized in the buyout field. The latter operate in the strategic sectors targeted by Altaroc : software, healthcare, business services and consumer goods.
As of September 30, 2024, a total of €97m had already been invested through these funds.
Investing in private equity involves risks, particularly of capital loss and liquidity. Past performance is no guarantee of future results.
General Atlantic and Insight Partners, two major players in the Growth segment with a global footprint, have been selected alongsideApax Partners, Nordic Capital and Seven2, three m companies recognized in the buyout field. The latter operate in the strategic sectors targeted by Altaroc : software, healthcare, business services and consumer goods.
As of September 30, 2024, a total of €97m had already been invested through these funds.
Investing in private equity involves risks, particularly of capital loss and liquidity. Past performance is no guarantee of future results.
Seven2
48.87417150183641, 2.3086453839655348
Seven2
the funds
37 €m
Seven2 MidMarket X
Disclosures regarding the manager
year of inception
1972
Offices
2
Assets under management
4,8 $bn
THE TEAM
55+ people
Nordic Capital
59.33383323264054, 18.0694646458266
Nordic Capital
the funds
35 €m
Nordic Capital XI
Nordic Capital Evolution II
Disclosures regarding the manager
year of inception
1989
Offices
10
Assets under management
20 $bn
THE TEAM
+160 people
Insight Partners
40.75489190625322, -73.98277450338149
Insight Partners
the funds
23 €m
Insight Partners XII
Disclosures regarding the manager
year of inception
1995
Offices
4
Assets under management
$90 billion
THE TEAM
+230 people
Apax
51.502292306820635, -0.15315418893313046
Apax
the funds
20 €m
Apax X LP
100 €m
Apax XI LP
Disclosures regarding the manager
year of inception
1972
Offices
7
Assets under management
60 $bn
THE TEAM
+280 people
General Atlantic
40.764015909119856, -73.972861246419
General Atlantic
the funds
20 €m
General Atlantic 2021
General Atlantic 2024
Disclosures regarding the manager
year of inception
1980
Offices
14
Assets under management
90 $bn
THE TEAM
+450 people
36 €m
co-investment
33M already invested in 5 companies
Target
20% invested or
€36m
The co-investment portion of Vintage Altaroc Odyssey 2021 is fully allocated.
Five co-investments have been made alongside different managers in leading companies within their markets. A final co-investment was signed in 2024 in AMCS.
Private equity investments entail risks of capital loss and liquidity. Past performance is no guarantee of future results.
The co-investment portion of Vintage Altaroc Odyssey 2021 is fully allocated.
Five co-investments have been made alongside different managers in leading companies within their markets. A final co-investment was signed in 2024 in AMCS.
Private equity investments entail 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.
manager
regional split
Europe
Sector
Technology and Software
Marlink
Marlink is the leading operator worldwide of satellite communications services for the shipping and cruise industries. The company also provides connectivity services to users operating in harsh environments.
manager
regional split
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.
manager
regional split
Europe
Sector
Technology and Software
AMCS
A leading developer of industrial software solutions
Founded in Ireland in 2003, AMCS is an Irish company offering specialized software solutions for industrial process management.
manager
regional split
Europe
Sector
Technology and Software
Opteven
Opteven specialises in insurance and guarantees for vehicles. Its products cover a wide range of risks, including mechanical breakdowns, accidents and damage.
manager
regional split
Europe
Sector
B2B services
By investing in Odyssey Vintages, you will be supporting growing companies around the world that are positioned in the sectors of the future.
Discover the French and global #unicorns that make up our exceptional Vintages. Also discover our #high-growth companies that are disrupting their markets through #innovation. Our portfolios are also built around companies that are span class="text-color-primary400">#must-haves, which you're bound to be familiar with and that are recognised for their #positive impact on the world.
Vinted
Vinted, the Lithuanian unicorn, has set up an online platform for selling second-hand clothing and accessories. Launched in 2008, it rapidly extended its influence in Germany and France, acquiring competitors such as United Wardrobe and Rebelle.
manager
regional split
Europe
Sector
Digital B2C
Chess.com
Chess.com is the leading online chess site; it offers a range of free and paid options for players of all levels.
manager
regional split
North America
Sector
Technology and Software
LeoLabs
Leolabs specialises in monitoring space objects using advanced radar technology and a global network of stations.
manager
regional split
North America
Sector
Technology and Software
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.
manager
regional split
Rest of the world
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.
manager
regional split
North America
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.
manager
regional split
North America
Sector
Digital B2C
Bubble
Bubble has designed a code-free platform for creating custom applications. The simplified approach with pre-built building blocks is attracting high-profile customers such as L'Oréal, Lyft and HubSpot.
manager
regional split
North America
Sector
Technology and Software
Incode
Incode is revolutionising identity authentication using an AI-based platform. Its products have been adopted by major institutions, including the US government.
manager
regional split
North America
Sector
Technology and Software
Equality Health
Equality Health is a US company dedicated to improving access to healthcare and reducing disparities in underserved areas.
manager
regional split
North America
Sector
Healthcare
Sierra Space
Sierra Space aims to become the world's first commercial space station.
manager
regional split
North America
Sector
Technology and Software
Investor communications
4 financial reports and 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 No. 1
31 March
Report No. 2
31 May
Report No. 3
30 September
Report No. 4
30 November
ESG Report
31 December
Newsroom
The latest news from the 2021 Vintage
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Newsletter
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The investor’s life at Altaroc
The Odyssey Vintages have been designed to meet the specific needs of private clients.
A simple fully 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 fully 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.
FAQs
What are the advantages of offering the Vintage ranges?
Why are Odyssey Vintages being deployed so quickly?
Why target only the Technology, Healthcare, B2B Services and Digital Consumer sectors?
Will all the Odyssey Vintages be the same?
Vitruvian
Thoma Bravo
Summit Partners
Vista
New Mountain Capital
Inflexion
Main Capital
Cressey & Company
TA Associates
STG
Accel-KKR
Five Arrows
Seven2
Nordic Capital
Hg
Insight Partners
Apax
CVC
General Atlantic
Bridgepoint
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