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Private equity's strengths in a global economy

The final word with Frederic Stolar

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Events Altaroc

The final word with Frederic Stolar

Published on

23/1/2025

Episode

15

3:07mn

Summary

In this concluding webconference, Frédéric Stolar thanks participants for their confidence and reaffirms the solidity ofAltaroc 's private equity strategy. He highlights the promising performance of Vintage Odyssey 2024, which has already committed to five leading funds, with a notable first investment in Qlik. Frédéric also announces the company's next key appointments.

Written transcription

Damien Hélène: Our web conference is almost over. Frédéric, a few words in conclusion for those watching us.

Frédéric Stolar: First of all, I'd like to extend my warmest thanks to each and every one of you for attending today, and for the trust you continue to place in us. This webconference has enabled us to share with you our vision and the vision of the experts who work with us on the historical resilience of private equity, on the outperformance of vintages that have followed periods of crisis, and on the solidity and originality of our Vintage construction strategy, particularly on the key dimension of co-investment. I hope these factors have convinced you that now is a good time to invest in Private Equity, and that our Vintage 2024 Odyssey, which is off to a very good start, represents an attractive opportunity for private clients. Let me also remind you of the excellent visibility we have on this Vintage , as we have already committed to five of the world's leading funds, and have already made a very interesting initial investment with Qlik, whose CEO you heard from exclusively a few minutes ago.Odyssey 2024's fundraising period ends on March 31. So there are only a few weeks left to subscribe.

Damien Hélène: Thank you Frédéric. You also wanted to share our upcoming appointments with us.

Frédéric Stolar: Absolutely Damien. First of all, we will be at the IPM Wealth show in Cannes on January 28, 29 and 30 and we will be delighted to meet our partners there. Come see us! I am adding our now unmissable meeting on BFM Business for the Inside Private Equity show on Wednesday, January 29 at 9:30 p.m. Come along! I would like to remind you that this show is fully in line with our educational approach around the private equity asset class to answer the very concrete questions that our partners and their clients are asking, exactly as we did with you today.

Damien Hélène: Yes, indeed. And for this show on January 29 at 9:30 p.m., we will welcome Maurice Tchenio, but also the president of Thom, the holding company of the Histoire d'or group and Guillaume Lorin, managing partner and CEO of PwC in France. A final word, Frédéric.

Frédéric Stolar: A final word to announce to those watching that the new ESG report from our management company has just been published. It is a very comprehensive document that details our proactive support approach to our managers on these fascinating ESG topics. I invite you to consult it on our website Altaroc altaroc.pe.

Damien Hélène: Thank you very much Frédéric. And thank you all. We hope that this web conference has provided you with useful answers and insights. While waiting to meet again very soon, we wish you all a very happy new year 2025!

In this series

16

episodes

The impact of the economic context

Interview with Xavier Robert, Chief Investment Officer of Brigepoint, on the macro-economic context and its impact on private equity.

In this video, Xavier Robert, Chief Investment Officer at Bridgepoint , analyzes the impact of macroeconomic dynamics on Private Equity, including the reindustrialization of the United States and the rise of Artificial Intelligence. He explains why American growth, even under Trump, remains a positive lever for European funds, thanks to the internationalization of portfolio companies. Find out how Bridgepoint maintains solid performance despite an uncertain economic environment and why 2023-2025 are shaping up to be key years for investment.

In this video, Xavier Robert, Chief Investment Officer at Bridgepoint , analyzes the impact of macroeconomic dynamics on Private Equity, including the reindustrialization of the United States and the rise of Artificial Intelligence. He explains why American growth, even under Trump, remains a positive lever for European funds, thanks to the internationalization of portfolio companies. Find out how Bridgepoint maintains solid performance despite an uncertain economic environment and why 2023-2025 are shaping up to be key years for investment.

The impact of the US election on private equity

In this video, Louis Flamand, Chief Investment Officer of Altaroc , shares his analysis on the impact of the current macroeconomic environment and recent political developments on Private Equity. He explains why post-crisis vintages, such as 2024 and 2025, present particularly attractive investment opportunities. Also discover how Altaroc has been able to accelerate the deployment of its Vintage 2024 through strategic co-investments, despite economic uncertainties.

In this video, Louis Flamand, Chief Investment Officer of Altaroc , shares his analysis on the impact of the current macroeconomic environment and recent political developments on Private Equity. He explains why post-crisis vintages, such as 2024 and 2025, present particularly attractive investment opportunities. Also discover how Altaroc has been able to accelerate the deployment of its Vintage 2024 through strategic co-investments, despite economic uncertainties.

Co-investments, an essential performance lever in Altarocs strategy

In this video, Louis Flamand,Altaroc's Chief Investment Officer, explains the fundamentals of private equity co-investment and its benefits for investors. He details how Altaroc selects the best opportunities alongside trusted managers, optimizes fees and accelerates the deployment of its Vintage investments. Find out why a controlled 20% allocation to co-investments is essential for risk management and portfolio performance.

In this video, Louis Flamand,Altaroc's Chief Investment Officer, explains the fundamentals of private equity co-investment and its benefits for investors. He details how Altaroc selects the best opportunities alongside trusted managers, optimizes fees and accelerates the deployment of its Vintage investments. Find out why a controlled 20% allocation to co-investments is essential for risk management and portfolio performance.

Focus on the new Vintage Altaroc Odyssey co-investments

In this video, Claire Peyssard, Head of Reporting and ESG at Altaroc , unveils the ten co-investments made in 2024, highlighting strategic sectors such as enterprise software and business services. It explains why these sectors offer resilience, growth and profitability, in particular thanks to business models based on subscription and the integration of artificial intelligence. Also discover two major co-investments: Opteven and Qlik, companies in full expansion, presented by their CEOs.

In this video, Claire Peyssard, Head of Reporting and ESG at Altaroc , unveils the ten co-investments made in 2024, highlighting strategic sectors such as enterprise software and business services. It explains why these sectors offer resilience, growth and profitability, in particular thanks to business models based on subscription and the integration of artificial intelligence. Also discover two major co-investments: Opteven and Qlik, companies in full expansion, presented by their CEOs.

Entrepreneur interviews

In this video, discover the inspiring journeys of Jean-Mathieu Biseau, CEO of Opteven, and Mike Capone, CEO of Qlik. Jean-Mathieu looks back on Opteven's transformation into a European leader in automotive services through spin-off strategies and partnerships with investment funds. For his part, Mike Capone shares the evolution of Qlik, a pioneer in data analysis, towards a complete platform integrating artificial intelligence and the cloud. Two stories of growth and innovation supported by strategic co-investments from Altaroc .

In this video, discover the inspiring journeys of Jean-Mathieu Biseau, CEO of Opteven, and Mike Capone, CEO of Qlik. Jean-Mathieu looks back on Opteven's transformation into a European leader in automotive services through spin-off strategies and partnerships with investment funds. For his part, Mike Capone shares the evolution of Qlik, a pioneer in data analysis, towards a complete platform integrating artificial intelligence and the cloud. Two stories of growth and innovation supported by strategic co-investments from Altaroc .

Vintage Altaroc Odyssey co-investment performance

In this video, Claire Peyssard, Head of Reporting and ESG at Altaroc , shares results on recent co-investments. She explains why companies held for less than a year are already showing significant revaluations, a rare phenomenon in private equity. Claire also highlights the exceptional performance of the largest co-investment in Vintage 2021, already valued at more than twice the stake in less than 2 and a half years.

In this video, Claire Peyssard, Head of Reporting and ESG at Altaroc , shares results on recent co-investments. She explains why companies held for less than a year are already showing significant revaluations, a rare phenomenon in private equity. Claire also highlights the exceptional performance of the largest co-investment in Vintage 2021, already valued at more than twice the stake in less than 2 and a half years.

The long view, a key performance driver in private equity

In this video, Dimitri Bernard, Investment Director at Altaroc , and Eliott Vincent, Key Account Manager, decipher the specificities of Private Equity, including the pace of fund deployment and the lifespan of investments. Dimitri explains why fund calls are deferred and how the ten-year investment cycle promotes performance and risk management. An essential discussion to understand the structure and advantages of this asset class, often unknown to private investors.

In this video, Dimitri Bernard, Investment Director at Altaroc , and Eliott Vincent, Key Account Manager, decipher the specificities of Private Equity, including the pace of fund deployment and the lifespan of investments. Dimitri explains why fund calls are deferred and how the ten-year investment cycle promotes performance and risk management. An essential discussion to understand the structure and advantages of this asset class, often unknown to private investors.

Liquidity in Private Equity

In this video, Dimitri Bernard, Investment Director at Altaroc , explains how Private Equity combines high performance with liquidity management. He details the deployment, disposal and distribution phases of funds, emphasizing the importance of a long investment horizon to maximize returns. Dimitri also discusses the ability of funds to maintain their historical performance in a changing market environment, emphasizing the importance of a disciplined strategy to optimize exit windows.

In this video, Dimitri Bernard, Investment Director at Altaroc , explains how Private Equity combines high performance with liquidity management. He details the deployment, disposal and distribution phases of funds, emphasizing the importance of a long investment horizon to maximize returns. Dimitri also discusses the ability of funds to maintain their historical performance in a changing market environment, emphasizing the importance of a disciplined strategy to optimize exit windows.

Tomorrow's champion managers

In this video, Dimitri Bernard, Investment Director at Altaroc , analyzes the ability of Private Equity funds to maintain their historical performance in a less favorable economic context. He explains why, despite the end of low rates and abundant liquidity, Private Equity maintains an advantage over listed markets thanks to solid operational contributions, active governance and business transformation strategies. Dimitri also emphasizes the importance of targeting specialized funds to continue generating attractive returns.

In this video, Dimitri Bernard, Investment Director at Altaroc , analyzes the ability of Private Equity funds to maintain their historical performance in a less favorable economic context. He explains why, despite the end of low rates and abundant liquidity, Private Equity maintains an advantage over listed markets thanks to solid operational contributions, active governance and business transformation strategies. Dimitri also emphasizes the importance of targeting specialized funds to continue generating attractive returns.

Private equity fees

In this video, Dimitri Bernard, Investment Director at Altaroc , answers Eliott Vincent's questions on the role of fees in Private Equity and their impact on net performance. He explains why these high fees are justified by the complexity of the operations, the involvement of specialized experts and the rigorous Due Diligence processes. Dimitri also highlights why Private Equity, despite its potential for higher returns than listed markets, remains underexploited by private investors, due to misperceptions about the costs and complexity of this asset class.

In this video, Dimitri Bernard, Investment Director at Altaroc , answers Eliott Vincent's questions on the role of fees in Private Equity and their impact on net performance. He explains why these high fees are justified by the complexity of the operations, the involvement of specialized experts and the rigorous Due Diligence processes. Dimitri also highlights why Private Equity, despite its potential for higher returns than listed markets, remains underexploited by private investors, due to misperceptions about the costs and complexity of this asset class.

Making private equity accessible

In this video, Dimitri Bernard and Eliott Vincent fromAltaroc explain why private equity is still not very accessible to private investors, despite its high potential returns. They discuss the main obstacles, such as the high entry fee, administrative complexity and lack of product knowledge. Thanks to the Altaroc Odyssey offer, which democratizes access to quality funds with a low ticket, Altaroc has attracted nearly 6,000 investors in four years. Find out how the expertise of our teams and the commitment of our founders have contributed to this success.

In this video, Dimitri Bernard and Eliott Vincent fromAltaroc explain why private equity is still not very accessible to private investors, despite its high potential returns. They discuss the main obstacles, such as the high entry fee, administrative complexity and lack of product knowledge. Thanks to the Altaroc Odyssey offer, which democratizes access to quality funds with a low ticket, Altaroc has attracted nearly 6,000 investors in four years. Find out how the expertise of our teams and the commitment of our founders have contributed to this success.

Altaroc Partners, a pioneering private equity management company

In just 4 years, 6,000 investors have entrusted Altaroc with access to an exclusive selection of the best private equity funds. Recognized expertise, a strong alignment of interests and dedicated support explain this success. Find out why Altaroc is the benchmark for private equity investing.

In just 4 years, 6,000 investors have entrusted Altaroc with access to an exclusive selection of the best private equity funds. Recognized expertise, a strong alignment of interests and dedicated support explain this success. Find out why Altaroc is the benchmark for private equity investing.

The final word with Frederic Stolar

In this concluding webconference, Frédéric Stolar thanks participants for their confidence and reaffirms the solidity ofAltaroc 's private equity strategy. He highlights the promising performance of Vintage Odyssey 2024, which has already committed to five leading funds, with a notable first investment in Qlik. Frédéric also announces the company's next key appointments.

In this concluding webconference, Frédéric Stolar thanks participants for their confidence and reaffirms the solidity ofAltaroc 's private equity strategy. He highlights the promising performance of Vintage Odyssey 2024, which has already committed to five leading funds, with a notable first investment in Qlik. Frédéric also announces the company's next key appointments.

Private equity's strengths in a global economy

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Information on investment performance is given solely for illustration purposes. Past performance is not a reliable guide to future results. An investment in Private Equity involves a high degree of risk. Potential investors must have the financial capacity and willingness to bear the risks associated with investing in the Funds (including the potential total loss of their capital), as well as – in the case of the Altaroc ranges – the lack of liquidity. Find out more here.