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An institutional strategy, consistently applied across all our product ranges

Altaroc investment strategyAltaroc on fundamental convictions that are consistent and unwavering over time. It is underpinned by a rigorous analysis of the global private equity market and a selection process inspired by major institutional investors.

Strong strategic convictions

Consistent, well-structured choices that stand the test of time

Growth & Buyout at the heart of the global mid-market

We focus our strategy on the Growth Equity and Buyout segments, exclusively within the global mid-market, which we believe offers the best risk/return balance from a long-term wealth management perspective.

  • Proven business models
  • Creation of identifiable operational value
  • Active business transformation
  • Multiple output options

The mid-market offers more opportunities related to the dispersion of valuations and performance than the large cap market, with generally more rational price levels.

This heterogeneity creates a particularly favorable environment for selective and disciplined investments. Our approach covers the small, mid, and upper mid-market segments in order to combine growth potential, diversification, and resilience.

Investing in private equity involves risks of capital loss and liquidity.

A structured geographic allocation

Our exhibition focuses on:

  • ~45% United States
  • ~45% Europe
  • ~10% Asia and rest of the world

This structure provides access to the deepest private equity markets, balanced macroeconomic diversification, and a high degree of legal certainty.

Investing in private equity involves risks of capital loss and liquidity.

A preference for specialized managers

In a competitive and sectorally complex environment, we favor specialized platforms.

  • Proprietary sourcing
  • In-depth industry expertise
  • Proven operational playbooks
  • Disciplined execution

Specialization is a sustainable competitive advantage in generating long-term alpha.

Investing in private equity involves risks of capital loss and liquidity.

A sector bias oriented toward structural growth

Sector selection is a key determinant of performance.

We favor verticals that are part of long-term trends, characterized by resilient growth and measurable value creation:

  • B2B software and technologies
  • Healthcare
  • B2B services
  • Digital consumption
Investing in private equity involves risks of capital loss and liquidity.

An alpha-oriented portfolio construction

Sustainable performance in private equity stems from a methodical approach combining rigorous selection of managers, open architecture, targeted co-investments, and institutional allocation management.
Selection as the main driver of performance
Given that performance dispersion among managers is structurally high, alpha generation relies primarily on a rigorous selection process.
  • Shortlist (less than 5% of opportunities analyzed selected)
  • Limited number of managers per fund
  • Targeting only first-quartile managers
  • Allocator approach: priority given to managers with proven expertise rather than opportunistic transactions
Open and independent architecture
Access to the best platforms requires complete independence in selection.
  • Absence of captive or integrated management
  • Global selection of managers
  • Access to strategic funds and vintages
  • Consistent due diligence in renewing relationships
Co-investments as an optimization tool
Co-investments complement primary exposure and enhance deployment efficiency.
  • Direct exposure to strong conviction assets
  • Increased selectivity alongside partner managers
  • Reduction in fee layers
  • Investment pace management tool
An institutional allocator's logic
The performance objective is based on a methodical construction of the portfolio rather than a transactional approach.
  • Consolidated view of exposures
  • Consistency between primary funds and co-investments
  • Discipline in position sizing
  • Priority given to platform quality over transaction volume
Investing in private equity involves risks of capital loss and liquidity.

Risk management and institutional rigor

A control architecture designed to preserve portfolio robustness over time.
Multi-dimensional diversification
Risk management is based on diversification structured by vintage, manager, sector, and geography. This approach aims to reduce dependence on a specific cycle, team, or segment, while controlling concentrations within the overall portfolio.
Active management of commitments
Cash flow management is a key lever for risk control. We monitor capital calls and distributions, control over- or under-commitment levels, and provide a consolidated view of exposures across the program.
Formalized investment governance
The investment discipline is based on structured decision-making processes, formalized committees, and systematic documentation of analyses. This framework ensures methodological consistency, traceability of decisions, and stability over time.
Thorough institutional due diligence
Each investment undergoes a comprehensive quantitative and qualitative analysis: cash flow reconstruction, risk-adjusted track record review, analysis of resilience across cycles, and in-depth assessment of teams, governance, and real value creation drivers.
Investing in private equity involves risks of capital loss and liquidity.

Governance and responsible framework

Governance discipline as the foundation for sustainable performance.

Structured governance

Our organization is based on a formalized and documented decision-making process, structured around in-depth analysis phases, on-site work, and dedicated investment committees.
Each opportunity is assessed using a consistent and traceable methodology, ensuring consistency in decisions, discipline in allocation, and continuity over time.

Systematic ESG integration

Non-financial analysis is integrated into every stage of the selection and monitoring process. The strategies adopted are part of a structured framework that complies with the requirements of Article 8 of the SFDR, with an ex-ante assessment of ESG issues and continuous monitoring of managers' commitments.
This approach aims to enhance portfolio quality and the sustainability of value creation.

Active portfolio monitoring


This ongoing supervisionensures consistency in exposures,anticipates changes, and maintains the institutional standards defined upstream.
Investing in private equity involves risks of capital loss and liquidity.
investment team
Cross-disciplinary expertise in management, structuring, and field support.
Discover the
+ 600 companies in the Altaroc funds

At Altaroc, performance is rooted in the real economy

Our portfolios reflect direct exposure to companies operating at the heart of structural growth dynamics.
Companies at the heart of value creation
European and North American SMEs and mid-cap companies operating in growth sectors such as healthcare, technology, specialized services, niche industries, and energy transition.
A significant entrepreneurial base
More than 600 companies in our portfolio, supported in their operational development, internationalization, and strengthening of their strategic fundamentals.
A structured extra-financial framework
Strategies classified as Article 8 within the meaning of the SFDR, incorporating commitments in terms of governance, inclusion, energy transition, and transparency.
Discover the more than 600 companies in our portfolios
Discover our Private Equity ranges
Private equity
Discovery

FCPR Discovery is a private equity product optimized for life insurance and PER. It combines controlled liquidity for policyholders and insurers with flexible underwriting and an immediate call for funds.

Private equity
Odyssey

Investing in Private Equity from €100,000.

Every year, we build up a global, turnkey, high-performance and highly diversified Private Equity portfolio.

Private equity
Horizon

Invest in Vintage .

Every year, a global, turnkey, high-performing, and highly diversified private equity portfolio.

Private equity
Infinity

The Infinity range Infinity designed for institutional investors and high net worth individuals.

A turnkey solution inspired by best practices in pension funds, offering structured, diversified, and institutional access to the asset class.

Commercial communication of a promotional nature
It should be noted that past performance is not indicative of future results and is not consistent over time.
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Individual investors with an investment capacity of less than €100,000.
Individual investors with an investment capacity of less than €250,000.
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Pension funds, retirement funds, asset management firms, and single-family offices.
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