\closing in
000
D
00
H
\closed since
31/1/2022
Pre-tax performance assumption
Net of all fees, averaged over business cycles
13%/an
1.7x the committed capital
- 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 circumstances and may change in the future. The investment may result in a financial loss as there is no capital guarantee. Private equity investments entail risks, notably liquidity and capital loss.
Discover Odyssey 2021
For its first Odyssey Vintage, Altaroc has built a portfolio comprising five global funds from leading managers, as well as four co-investments made alongside them.
Odyssey 2021 offers effective diversification across Altaroc's preferred sectors and regions.
Odyssey 2021 offers effective diversification across Altaroc's preferred sectors and regions.
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 fund portion of Altaroc Odyssey 2021 Vintage is fully committed to five funds from global managers: General Atlantic and Insight Partners, two leading Growth Equity 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
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
20 €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
€32m already invested in 4 companies
Target
20% invested or
€36m
The co-investment portion of Altaroc Odyssey 2021 Vintage 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 a global pharma 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 a global pharma company.
Investing in Private Equity involves risks of capital loss and liquidity. Past performance is no guarantee of future results.
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
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
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.
Authentic Brands Group
Authentic Brands Group is a specialist in the acquisition, management and development of internationally renowned brands such as Spyder, Volcom and Forever 21.
manager
regional split
North America
Sector
B2C
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
Spendesk
French unicorn Spendesk has developed SaaS software for managing expenses and expense reports for SMEs. Based in Paris, it operates mainly in France, the United States and Germany, offering a complete solution including bank cards, bill payment, budgeting, reporting and more.
manager
regional split
Europe
Sector
B2B services
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
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.
manager
regional split
Rest of the world
Sector
Technology and Software
Sierra Space
Sierra Space aims to become the world's first commercial space station.
manager
regional split
North America
Sector
Technology and Software
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
Sun King
Sun King is the world's largest off-grid solar energy company.
manager
regional split
North America
Sector
B2C
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
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, and comes with a 12-month guarantee.
manager
regional split
Europe
Sector
B2C
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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