Investing alongside Altamir, a benchmark institution
Summary
Written transcription
So the fourth reason why you should visit Altaroc is the fact that Altamir, the listed holding company run by Maurice Tchenio, has decided to act as a strategic investor for all Vintage Altaroc sites. This means that, in the end, Altamir will hold at least 30 million euros per Vintage. Altamir is a very strong institutional investor, with 1.3 billion euros in equity and a magnificent track record in Private Equity. To build its global strategy, or in any case to accelerate its global diversification, Altamir has decided to do so through Altaroc vehicles. I think this is an important confidence factor for you. The other thing that Altamir allows us to do, and this is very interesting, is that when we launch our Vintage, Altamir allows us to pre-subscribe to a significant part of our commitments. It's almost like a sponsor. The word isn't right, but it's almost like a sponsor. Altamir enables us to make commitments or reserve stakes in managers we need to invest in. Because these funds raise money over short horizons. We have to be ready when they're ready, not when our private clients are ready. So Altamir gives us firepower and, I'd say, a very significant balance sheet that enables us to move faster, to accelerate and above all, as we'll see later, to give you visibility on the construction of the underlying Vintage . Altamir's institutional involvement is therefore key to our strategy.
