Discovery range

Altalife 2023

Private Equity portfolio available in French life insurance and PER Assurance contracts
\closed since
31/12/2024

Discover Altalife 2023

Altalife 2023, the first FCPR in the Discovery range, offers a diversified private equity portfolio made up of international funds and co-investments in companies with strong growth potential, with no fees or carried.

With Altalife 2023, Altaroc offers both geographic and sector diversification, with liquidity guaranteed by insurers.

Altalife 2023 key points

Size
180 millions of euro
marketing period
Until December 31, 2024
duration
10 years
Eligibility
Eligible for French life insurance and PER Assurance
LEGAL FORM
An AMF-certified FCPR fund
minimum subscription
Amount defined by the insurer
SRRI classification
6
Classified
Article 8-classified fund under the SFDR
Carried interest
20% only on co-investments
Management fees
2,5%
1st Closing
Successive closings
Depending on volumes still available
The Altalife 2023 offer is available to private clients through life insurance policies managed by leading French life insurers.
Private equity investments entail risks of liquidity and capital loss. To find out more about all the risks associated with private equity, visit our Private Equity Performance and Risks page.
Insurers

An offer distributed by a large number of insurers

The Altalife 2023 FCPR offers access to a portfolio of global private equity funds, usually inaccessible through life insurance policies and retirement savings plans (PER).
Liquidity guaranteed at all times by the insurer,
100% of the FCPR fund is invested in Private Equity.
At Altaroc, we're delighted to be continuing our partnership with leading players.
180 €m

Altalife 2023 portfolio

Portfolio composition
80% allocated to 2 global private equity managers
19% allocated to co-investments with managers selected for their track-record
managers
Co-investments
regional split
Europe
North America
SECTORS
Technology and Software
B2B services
Healthcare
B2C
This will be the legend
This will be the legend
This will be the legend
Target composition of the €500m Vintage
80% allocated to 2 global private equity managers
19% allocated to co-investments with managers selected for their track-record
managers
Co-investments
Fund
managers

2 selected global funds

Target
80% invested in two funds
FCPR Altalife 2023 is committed to 2 funds:

HgHg 4, a mid-market buyout fund managed by Hg, Europe's leading software fund manager.

Five Arrows Principal Investment IV ("FAPIIV"), a mid-market buyout fund managed by Five Arrows (Rothschild), which invests in the software, healthcare and business services sectors.

These two funds invest in Europe as well as in the United States, accounting for 20-25% of their funds.

Investing in private equity involves risks of capital loss and liquidity. Past performance is no guarantee of future results.
Five Arrows
51.51230942868651, -0.08900576046054165
Five Arrows

Five Arrows

the funds
Five Arrows Partners II
Five Arrows Principal Investors IV
15 €m
Disclosures regarding the manager
year of inception
2008
Offices
2
Assets under management
24 € billions
the team
+220 people
Hg
51.50535195689056, -0.08055042883579441
Hg

Hg

the funds
HG Capital Genesis 10
50 €m
HG Capital Saturn 3
52,4 €m
HG Mercury 4
15 €m
HG Saturn 4
60 €m
HG Mercury 5
Disclosures regarding the manager
year of inception
1997
Offices
3
Assets under management
+$75 billion
the team
+380 people
Co-investments
co-invesTmenT

4 co-investments made

Target
20% invested
The co-investment portion of FCPR Altalife 2023 is invested in 4 companies:

‍Visma, an accounting, payroll and human resources software publisher with operations in Europe and Latin America

Diapason, a leading French publisher of cash flow and risk management software for large and mid-sized companies

Evoriel(ex Nexity ADB), a carve-out of the Nexity group's property administration business in France.

Howden, a leading insurance brokerage group, which operates across the entire value chain of the business (insurance, reinsurance, brokerage, consulting).

Private equity investment involves risks of capital loss and liquidity. Past performance is no guarantee of future results.
Howden
Howden
A must
Howden is a leading insurance brokerage group, operating across the entire value chain (insurance, reinsurance, brokerage, consulting...).
manager
regional split
Europe
Sector
B2B services
Visma
Visma
A must
Founded over 25 years ago, Visma has gradually established itself as one of Europe's leading cloud software companies.
manager
regional split
Europe
Sector
B2B services
Diapason
Diapason
Strong growth
Diapason offers a software solution that meets the needs of finance departments. It enables them to optimise liquidity management, automate payments, and manage the risks associated with their financial instrument portfolios.
manager
regional split
Europe
Sector
Technology and Software
Evoriel (ex-Nexity ADB)
Evoriel (ex-Nexity ADB)
A must
Nexity ADB is the former Personal Services division of the Nexity Real Estate group, focused on condominium management and rental leases.
manager
regional split
Europe
Sector
B2B services
companies

Our portfolio companies

By investing in Altalife, you'll be supporting the growth of promising small and medium-sized businesses in the sectors of the future.
Find out more about the French and international #Licornes that make up our portfolios. Discover also our companies in #HighGrowththat are disrupting their markets through #Innovative. Our portfolios are also built around companies that are #must-have companies you're bound to know, recognized for their #PositiveImpact on the world.
n2y
n2y
A U.S. leader in the creation of specialized educational programs
Positive impact
Founded in 1996 in the United States, N2y offers targeted educational solutions for American students with special needs, from early childhood to high school.
manager
regional split
North America
Sector
B2B services
Solvares Group
Solvares Group
Solvares Group is a leading developer of field service management software.
Innovative
From job scheduling to logistics management, Solvares Group solutions improve the operational efficiency of their customers, making them up to 95% more productive and reducing paper consumption by 85%.
manager
regional split
Europe
Sector
Technology and Software
JTL
JTL
One of Germany's leading ERP providers for the retail sector
A must
Founded in 2008 in Germany, JTL is a vertical ERP provider targeting the retail sector.
manager
regional split
Europe
Sector
Technology and Software
KEV Group
KEV Group
A leader in software development for schools in the United States
Positive impact
Founded in 1996 in Toronto, KEV Group is a provider of cloud software for the administrative and financial management of American public schools.
manager
regional split
North America
Sector
Technology and Software
Cube
Cube
A leading provider of compliance software for financial institutions
Innovative
Founded in 2011 in London, Cube Global is a provider of compliance software primarily for large financial institutions.
manager
regional split
Europe
Sector
Technology and Software
GTreasury
GTreasury
One of the world's leading providers of cash management software solutions for mid-sized companies.
A must
Founded in 1986 in the USA, GTreasury is one of the world's leading providers of treasury management software solutions ("TMS") for medium-sized companies.
manager
regional split
North America
Sector
Technology and Software
Visma
Visma
A must
Founded over 25 years ago, Visma has gradually established itself as one of Europe's leading cloud software companies.
manager
regional split
Europe
Sector
B2B services
Diapason
Diapason
Strong growth
Diapason offers a software solution that meets the needs of finance departments. It enables them to optimise liquidity management, automate payments, and manage the risks associated with their financial instrument portfolios.
manager
regional split
Europe
Sector
Technology and Software
Springbrook
Springbrook
A leader in software solutions for U.S. municipalities
A must
Founded in the USA in the 1990s, Springbrook specializes in software development for small and medium-sized American municipalities (5,000 to 25,000 inhabitants).
manager
regional split
North America
Sector
Technology and Software
A2MAC1
A2MAC1
A leader in vehicle composition analysis
Innovative
Founded in 2006 in France, A2MAC1 is a supplier of analysis services for components and spare parts used in the design of motor vehicles.
manager
regional split
Europe
Sector
Technology and Software
Vintage
Altalife 2023
sector
All
REGION
All
Filter
Discover
more than 400 companies in Altaroc funds
EUROPE
56
companies
NORTH AMERICA
56
companies
Rest of the world
56
companies
XX
COMPANIES
Back
Qonto
A French unicorn, Qonto offers an online banking platform for SMEs and self-employed workers.
Vintage
Manager
4,4 € billions
recovery in 2023
4,4 € billions
recovery in 2023
4,4 € billions
recovery in 2023
4,4 € billions
recovery in 2023

Data at 4/10/24
*Source: Public data from company websites and social networks. For the most up-to-date information, we invite our investors to consult the reports available in their own space.

Data at 4/10/24
*Source: Public data from company websites and social networks. For the most up-to-date information, we invite our investors to consult the reports available in their own space.

How FCPR Altalife 2023 works

Minimum subscription amount
The insurer determines the minimum subscription amount within the life insurance contract
Cash liquidity
The client may decide to sell Discovery shares at any time. The shares will be redeemed by the insurer at their net asset value.
Net asset value
The value of the client's shares is determined by the insurer, who receives the portfolio's net asset value from Altaroc every two months.
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Odyssey 2025
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Altalife 2023
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Odyssey 2022
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Odyssey 2021
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Odyssey 2023
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Vista
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Inflexion
Main Capital
Cressey & Company
TA Associates
STG
Accel-KKR
Five Arrows
Seven2
Nordic Capital
Hg
Insight Partners
Apax
CVC
General Atlantic
Bridgepoint
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General Terms and Conditions

Dieser Bereich der Website von Altaroc Partners richtet sich ausschließlich an professionelle oder sachkundige Anleger.

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Accedendo, confermate di essere un investitore professionale ai sensi della Direttiva 2014/65/UE e dell’articolo L.533-16 del Codice Monetario e Finanziario francese, con l’esperienza, le conoscenze e le competenze necessarie per prendere decisioni d’investimento autonome e valutare correttamente i rischi connessi; un investitore esperto come definito dall’articolo 423-49 del Regolamento Generale dell’AMF; oppure un investitore estero appartenente a una categoria equivalente secondo la normativa del proprio Paese di residenza, in grado di investire un importo minimo di 100.000 euro e interessato a un investimento a lungo termine.I fondi di Altaroc Partners comportano rischi di perdita del capitale e di liquidità, e potrebbero non essere adatti a investitori che prevedono di disinvestire prima del periodo di detenzione raccomandato.

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Cette partie du site Internet d’Altaroc Partners est réservée aux Investisseurs privés non professionnels au sens de la directive 2014/65/UE ainsi qu’aux investisseurs étrangers appartenant à une catégorie équivalente sur le fondement du droit du pays dont ils relèvent. Avant de consulter le site, nous vous prions de lire attentivement les informations présentes dans les mentions légales pour votre protection et dans votre intérêt. J’ai lu et j’accepte les modalités d’utilisation de ce site dès lors que je me connecte.

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En y accédant, vous confirmez être un investisseur professionnel au sens de la directive 2014/65/UE et de l’article L.533-16 du Code monétaire et financier, disposant de l’expérience, des connaissances et des compétences nécessaires pour prendre vos propres décisions d’investissement et évaluer correctement les risques encourus ; un investisseur averti tel que défini à l’article 423-49 du Règlement général de l’AMF, ou un investisseur étranger appartenant à une catégorie équivalente en vertu du droit de votre pays de résidence, susceptible d’investir un montant minimum de 100.000 euros et recherchant un placement de long terme.

Les fonds d’Altaroc Partners comporte des risques de perte en capital et de liquidité et pourrait ne pas convenir aux investisseurs qui prévoient de retirer leur apport avant la durée de placement recommandée. Avant de consulter le site, nous vous prions de lire attentivement les informations présentes dans les « mentions légales » pour votre protection et dans votre intérêt.

Cette partie du site Internet d’Altaroc Partners est réservée aux seuls investisseurs professionnels ou avertis.

En y accédant, vous confirmez être un investisseur professionnel au sens de la directive 2014/65/UE et de l’article L.533-16 du Code monétaire et financier, disposant de l’expérience, des connaissances et des compétences nécessaires pour prendre vos propres décisions d’investissement et évaluer correctement les risques encourus ; un investisseur averti tel que défini à l’article 423-49 du Règlement général de l’AMF, ou un investisseur étranger appartenant à une catégorie équivalente en vertu du droit de votre pays de résidence, susceptible d’investir un montant minimum de 100.000 euros et recherchant un placement de long terme.

Les fonds d’Altaroc Partners comporte des risques de perte en capital et de liquidité et pourrait ne pas convenir aux investisseurs qui prévoient de retirer leur apport avant la durée de placement recommandée. Avant de consulter le site, nous vous prions de lire attentivement les informations présentes dans les « mentions légales » pour votre protection et dans votre intérêt.

This section of the Altaroc Partners website is exclusively intended for private investors who are classified as non-professional under Directive 2014/65/EU, as well as international investors belonging to an equivalent category pursuant to the applicable regulations of their country of residence. Before accessing the website, please carefully review the information provided in the Legal Notice section, which has been prepared for your protection and benefit. By proceeding, I confirm that I have read and accept the terms and conditions of use for this website.

This section of the Altaroc Partners website is exclusively reserved for professional or qualified investors.By accessing this content, you confirm that you are either:

  • A professional investor as defined by Directive 2014/65/EU (MiFID II) and Article L.533-16 of the French Monetary and Financial Code, possessing the necessary experience, knowledge, and expertise to make your own investment decisions and properly evaluate associated risks;
  • A qualified investor as defined in Article 423-49 of the AMF General Regulation; or
  • An international investor belonging to an equivalent category under the laws of your country of residence, able to invest a minimum amount of €100,000 and seeking a long-term investment.

Funds managed by Altaroc Partners involve risks, including capital loss and liquidity constraints, and may not be suitable for investors planning to withdraw their investment before the recommended holding period.Before proceeding, please carefully review the information provided in the "Legal Notice" section for your own protection and benefit

This section of the Altaroc Partners website is exclusively reserved for professional or qualified investors.By accessing this content, you confirm that you are either:

  • A professional investor as defined by Directive 2014/65/EU (MiFID II) and Article L.533-16 of the French Monetary and Financial Code, possessing the necessary experience, knowledge, and expertise to make your own investment decisions and properly evaluate associated risks;
  • A qualified investor as defined in Article 423-49 of the AMF General Regulation; or
  • An international investor belonging to an equivalent category under the laws of your country of residence, able to invest a minimum amount of €100,000 and seeking a long-term investment.

Funds managed by Altaroc Partners involve risks, including capital loss and liquidity constraints, and may not be suitable for investors planning to withdraw their investment before the recommended holding period.Before proceeding, please carefully review the information provided in the "Legal Notice" section for your own protection and benefit

This section of the Altaroc Partners website is exclusively intended for private investors who are classified as non-professional under Directive 2014/65/EU, as well as international investors belonging to an equivalent category pursuant to the applicable regulations of their country of residence. Before accessing the website, please carefully review the information provided in the Legal Notice section, which has been prepared for your protection and benefit. By proceeding, I confirm that I have read and accept the terms and conditions of use for this website.

This website allows you to consult only the information related to the Funds that are subject to a public offering in the selected country. This website is not intended for individuals subject to jurisdictions where the publication or access to the website is prohibited due to their nationality or place of residence. Individuals accessing the website acknowledge that they are solely responsible for complying with the laws and regulations applicable in their country of residence and/or nationality.

This website is an informational platform designed to present the portfolio management activities of Altaroc Partners S.A., as well as the main characteristics of its Funds and services. No information or opinion expressed on this website constitutes a solicitation, an offer, or a recommendation to buy, sell, or transfer an investment, to engage in any other transaction, or to provide investment advice or services.

Before investing in a Fund, which by nature involves a risk of loss of the invested capital, we invite you to consult an investment advisor and to review the Key Information Document (KID), the prospectus, and any other supplementary information available on this website. A paper version can be requested from any authorized distributor or directly from the Management Company. These documents will be provided free of charge at any time upon request.

Please note that the information and documents provided do not take into account your personal investment objectives, strategy, tax status, risk appetite, or investment horizon. We recommend consulting your personal advisor for tailored investment advice.

Altaroc Partners S.A. reserves the right to modify the content of this website at its sole discretion and without prior notice.

Investors are reminded that past performance is not indicative of future results and is not constant over time. Our Funds do not offer any guarantee of returns or performance and involve a risk of capital loss. Past performance should not be the primary factor in your investment decision.

This website is not intended for citizens or residents of the United States of America or “U.S. Persons” as defined under “Regulation S” of the United States Securities Act of 1933. None of the Funds presented herein may be offered or sold, directly or indirectly, in the United States of America, to residents or citizens of the United States of America, or to “U.S. Persons.”

By choosing to access our website, you acknowledge having read and accepted these Terms and confirm that you are accessing this website in compliance with the laws and regulations of the jurisdiction or country in which you reside.

This website allows you to consult only the information related to the Funds that are subject to a public offering in the selected country. This website is not intended for individuals subject to jurisdictions where the publication or access to the website is prohibited due to their nationality or place of residence. Individuals accessing the website acknowledge that they are solely responsible for complying with the laws and regulations applicable in their country of residence and/or nationality.

This website is an informational platform designed to present the portfolio management activities of Altaroc Partners S.A., as well as the main characteristics of its Funds and services. No information or opinion expressed on this website constitutes a solicitation, an offer, or a recommendation to buy, sell, or transfer an investment, to engage in any other transaction, or to provide investment advice or services.

Before investing in a Fund, which by nature involves a risk of loss of the invested capital, we invite you to consult an investment advisor and to review the Key Information Document (KID), the prospectus, and any other supplementary information available on this website. A paper version can be requested from any authorized distributor or directly from the Management Company. These documents will be provided free of charge at any time upon request.

Please note that the information and documents provided do not take into account your personal investment objectives, strategy, tax status, risk appetite, or investment horizon. We recommend consulting your personal advisor for tailored investment advice.

Altaroc Partners S.A. reserves the right to modify the content of this website at its sole discretion and without prior notice.

Investors are reminded that past performance is not indicative of future results and is not constant over time. Our Funds do not offer any guarantee of returns or performance and involve a risk of capital loss. Past performance should not be the primary factor in your investment decision.

This website is not intended for citizens or residents of the United States of America or “U.S. Persons” as defined under “Regulation S” of the United States Securities Act of 1933. None of the Funds presented herein may be offered or sold, directly or indirectly, in the United States of America, to residents or citizens of the United States of America, or to “U.S. Persons.”

By choosing to access our website, you acknowledge having read and accepted these Terms and confirm that you are accessing this website in compliance with the laws and regulations of the jurisdiction or country in which you reside.

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