Give your savings meaning
Summary
Written transcription
So the sixth reason to invest with Altaroc is this: I think that, like me, you want your savings to have meaning—beyond just performance. You want to know where and how—beyond performance—the capital you’ve committed is being put to work. Well, thanks to the 100% digital platform we built from scratch, that’s possible. You’ll have three—I’ll use an Anglicism here—three touchpoints, three moments when we’ll communicate with you on a regular basis. Obviously, quarterly reports are mandatory. Claire Peysssard, who has been handling reporting at Altamir for many years, as I explained, will provide Altaroc clients with Altaroc of equivalent quality. It has the same level of detail and the same level of analysis as that of a listed company, which is one of the largest listed funds of funds in Europe. This is provided to you every quarter, and each quarter, Maurice and I will also host a webinar during which, for 45 minutes or an hour, we’ll walk you through what happened in the Vintage Altaroc Odyssey fundsOdyssey the quarter. So this is an essential part of the process. However, what’s truly wonderful here is that you’ll have a consolidated view of your portfolio. We’ll explain, by Fund manager, by sector, and by sub-sector, how value was created over the quarter for your investment in the Vintage Altaroc Odyssey.
Second level of reporting, Claire has decided with Maurice and me to put in place a I would say one level of ESG reporting this year. So the bottom line is Article Eight. All the Altaroc funds have Article Eight, which means that we're practically at the highest level of ESG requirements, i.e. environmental, social and governance requirements. So, starting this year, we're going to introduce reporting on non-financial elements of equivalent quality to the one we're introducing on financial elements, so that you can find out how much CO2 your portfolio companies produce per million euros of sales. Do your portfolio companies create jobs? If so, how many? Claire Peysssard will be setting this up from the second half of 2023, with a level of granularity and quality equivalent to that which she implements on the financial side, i.e. extra-financial data of equivalent quality to that which we implement on the financial side. And last but not least, Damien Helene, our editor-in-chief who comes from BFM Business, will provide you with daily weekly information on everything that's going on in our portfolios, not just in financial terms, but also in terms of news and our portfolio.
He'll tell you about the unicorns, the sectors and market segments in which they're positioned, the jobs they're creating, and why we've supported them. So Damien is going to make you want to invest, he's going to explain why we wanted to invest and he's going to help you to understand, I'd say, to understand the invisible, to see what's invisible. Because the world of Private Equity is difficult to understand and difficult to access. Damien's job is to shed light on what goes on in portfolio companies, even beyond pure financial performance. And we took on an editor from BFM Business because he had a passion for explaining why and how we supported these funds, these companies, these managers. So Damien will be telling you about the unicorns in the portfolio on a weekly basis. Here are a few examples of the unicorn companies in portfolio one from Vintage in 2021. We've told you all about them, so Damien tells you about them every week. There are fact sheets on the companies, and articles published on these companies, so that you know where and how your capital is invested, and in which unicorns it is invested.
In this case,Altaroc 's fund 21 had already supported Back Market, Payfit SpenDesk, Qonto and Ecovadis, five magnificent French unicorns, through American managers. In fact, Damien talks to you every week about all the unicorns in the world. Because, in addition to these five French unicorns, there were 55 non-French unicorns. Obviously, that's what you're interested in too. So Damien tells you about them, as part of his extra-financial reporting. And then Damien is going to tell you about, I'd say, on a weekly basis too, all the companies that are transforming the world in the companies we've supported, those that are at the top level of global ESG performance. And he'll tell you, in all the countries in which we've invested, how these companies are transforming the world economy, and why we're so enthusiastic about them, and why they give meaning to what we do. That's what theAltaroc reporting platform is all about. So it's not just a quarterly paper report, obviously, it's all digital. Of course, it's all interactive, and it's a considerable investment we've made to give you a close-up view of the real economy we're supporting. And that's the beauty of Private Equity: creating jobs, creating wealth, creating innovation and helping to create tomorrow's brightest stars.
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