ODYSSEY range
Odyssey 2024
Odyssey 2024 is open to private clients starting at €100,000
\closing in
000
D
00
H
Yield assumption BEFORE TAXATION
Net of all fees, averaged over business cycles
>13% /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 Odyssey 2024
Vintage Altaroc Odyssey 2024 will be made up of 80% of 5 to 7 funds from international managers in the Growth and buyout segments, and 20% of co-investments alongside our managers.
At the launch of Vintage, theAltaroc investment team defined a fund selection universe. This strategy is in line with our commitment to transparency, and offers greater flexibility to optimize the pace at which Vintage is deployed.
A strategic change for Vintage Altaroc Odyssey 2024 is the target geographic exposure, which remains balanced between Europe and the United States, at 45% each, but drops from 20% to 10% for Asia and the rest of the world.
At the launch of Vintage, theAltaroc investment team defined a fund selection universe. This strategy is in line with our commitment to transparency, and offers greater flexibility to optimize the pace at which Vintage is deployed.
A strategic change for Vintage Altaroc Odyssey 2024 is the target geographic exposure, which remains balanced between Europe and the United States, at 45% each, but drops from 20% to 10% for Asia and the rest of the world.
Key points of Vintage 2024
marketing period
From 04 April 2024 to 03 March 2025
duration
10 years
Luxembourg life insurance
Eligible for Luxembourg life insurance with leading insurers
Format
minimum subscription
100 000€
SRRI classification
6
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 fund is actively managed and is not managed in relation to a benchmark index.
The Odyssey range is available to professional clients by nature or size (as defined by MiFID2) as well as to private investors with the capacity to invest 100,000 euros, subject to their needs being suited to the product and the investment period.
This is a commercial communication. 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 available in our document library.
Investing in Private Equity involves risks, notably liquidity and capital loss. To find out about all the risks associated with Private Equity, visit our Private Equity Performance and Risks page.
The Odyssey range is available to professional clients by nature or size (as defined by MiFID2) as well as to private investors with the capacity to invest 100,000 euros, subject to their needs being suited to the product and the investment period.
This is a commercial communication. 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 available in our document library.
Investing in Private Equity involves risks, notably liquidity and capital loss. To find out about all the risks associated with Private Equity, visit our Private Equity Performance and Risks page.
SELECTION UNIVERSE
A selection universe of 10 funds managed by leading global fund managers
This strategy is in line with a transparent approach, and offers greater flexibility to optimize the pace of deployment of Vintage.
Altaroc has therefore taken time to build the Vintage Odyssey 2024 portfolio, in particular to select funds that have already started or are about to start investing, in order to ensure the best possible pace of investment.
This selection universe is not set in stone, and will evolve over time according to the conclusions of the due diligence carried out by the investment team.
Altaroc has therefore taken time to build the Vintage Odyssey 2024 portfolio, in particular to select funds that have already started or are about to start investing, in order to ensure the best possible pace of investment.
This selection universe is not set in stone, and will evolve over time according to the conclusions of the due diligence carried out by the investment team.
Odyssey 2024 portfolio
Target composition of the €500 million vintage
260 M€
underwritten managers
260M already committed
to 4 global managers
Objective
80% invested
Altaroc 's investment team has validated 4 fund managers from buyout and Growth Equity who have a deep track record and a proven ability to generate high returns, consistently over time and with a low loss rate. These managers target the buoyant sectors of Technology & Software, Healthcare, Services and Consumer Goods.
The €260 million committed is spread across 5 funds as follows:
70M€ in Vitruvian Investment Partners Va global, but predominantly European, Growth & buyout fund.
which will invest in profitable, high-growth companies in the 4 sectors targeted by Altaroc Odyssey 2024: Technology, Healthcare, Services and Consumer Goods.
70M in Summit Partners Growth Equity FundXIIa buyout and Growth fund investing in North America. Summit XII will invest only in profitable, high-growth companies in the 4 sectors targeted by Altaroc Odyssey 2024.
45M in Thoma Bravo Discover Van uppermid-market fund from buyout dedicated to the North American software sector.
40M in Thoma Bravo XVIa broad-cap fund from buyout dedicated to the North American software sector.
35M€ in Bridgepoint Development Capital Va buyout lower-to-mid-market fund in Europe. BDC V will invest in growth companies, leaders in attractive niches, with typically accelerated, technology-driven business models.
Private equity investments entail risks of capital loss and liquidity. Past performance is no guarantee of future results.
The €260 million committed is spread across 5 funds as follows:
70M€ in Vitruvian Investment Partners Va global, but predominantly European, Growth & buyout fund.
which will invest in profitable, high-growth companies in the 4 sectors targeted by Altaroc Odyssey 2024: Technology, Healthcare, Services and Consumer Goods.
70M in Summit Partners Growth Equity FundXIIa buyout and Growth fund investing in North America. Summit XII will invest only in profitable, high-growth companies in the 4 sectors targeted by Altaroc Odyssey 2024.
45M in Thoma Bravo Discover Van uppermid-market fund from buyout dedicated to the North American software sector.
40M in Thoma Bravo XVIa broad-cap fund from buyout dedicated to the North American software sector.
35M€ in Bridgepoint Development Capital Va buyout lower-to-mid-market fund in Europe. BDC V will invest in growth companies, leaders in attractive niches, with typically accelerated, technology-driven business models.
Private equity investments entail risks of capital loss and liquidity. Past performance is no guarantee of future results.
Vitruvian
51° 30' 55.066 N 0° 9' 14.421" O
Vitruvian
the funds
Vitruvian Investment Partners V
70M€
Fund manager information
year established
2006
Offices
8
Assets under management
16 bn
team
190
* Average fund performance calculated at
8
Introducing Vitruvian
1:56min
Thoma Bravo
37° 46' 29.748" N 122° 25' 9.912" O
Thoma Bravo
the funds
Thoma Bravo Discover V
45M€
Thoma Bravo XVI
40M€
Fund manager information
year established
1998
Offices
6
Assets under management
140 billion
team
220
* Average fund performance calculated at
6
Introducing Thoma Bravo
2:26mn
Summit Partners
42.35088898258897, -71.07321586047858
Summit Partners
the funds
Summit Partners XII
70M€
Fund manager information
year established
1984
Offices
5
Assets under management
37 billion
team
239
* Average fund performance calculated at
5
Bridgepoint
51.513777400920496, -0.16024904511729007
Bridgepoint
the funds
Bridgepoint Europe VII
80M€
Bridgepoint Development Capital V
35M€
Fund manager information
year established
1984
Offices
10
Assets under management
41 bn
team
+360 people
* Average fund performance calculated at
10
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Co-investments
co-investment
20% of Vintage in
co-investment
Objective
20% invested
Altaroc will continue to co-invest exclusively alongside its portfolio funds. The aim is to co-invest in resilient companies, positioned in sectors with the strongest expertise and alongside the best partners of the Altaroc Odyssey portfolio managers.
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.
Re-up program
Investing in Private Equity to build wealth
The Re-up program enables your clients to adopt the Private Equity investment strategies of leading institutional investors, starting at €310,000.
Invest every year in Vintage Odyssey
Self-financing of new Vintages from the 6th year: distributions from old Vintages finance capital calls for the new ones.
Additional income from the 10th year onwards, as long as the customer continues to subscribe to Vintage Odyssey.
Private Equity investments entail risks of liquidity and capital loss. Past performance is no guarantee of future results.
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
All the news from Vintage 2024
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
