ODYSSEY range
Altaroc Odyssey 2024 FPCI
Vintage Altaroc Odyssey 2024 closed on 03/31/2025 with €355 million raised.
Discover
Altaroc Odyssey 2024
Detail
80% of the fund
oriented towards 5 to 7 international funds selected from leading managers active in growth and buyout strategies.
20% of the fund
dedicated to co-investments made alongside these same managers, in order to seize complementary opportunities with strong conviction.
4 key industry themes
chosen for their growth potential and strategic relevance, with the aim of targeted, long-term sector diversification.
2 main geographical areas
Europe and North America: a balanced allocation to benefit from the stability of developed markets and their depth of opportunity.
For its fourth Vintage, Altaroc a flexible and selective approach. Since the launch of Altaroc Odyssey , the investment team has relied on a rigorous selection process, allowing it to adjust the pace of deployment while maintaining high standards. To date, €260 million has been committed to five funds recognized for their solid track record, strong sector specialization, and ability to generate value primarily through operational growth rather than leverage.
Private equity investments involve risks of capital loss and liquidity. Past performance is not indicative of future results.
Private equity investments involve risks of capital loss and liquidity. Past performance is not indicative of future results.
The key points of
Vintage 2024
Size
355 millions of euro
Marketing period
From 04 April 2024 to 03 March 2025
Format
FPCI
Minimum subscription
100 000€
Duration
10 years
Luxembourg life insurance
Eligible for Luxembourg life insurance with leading insurers
SFDR classification
Article 8 SFDR within the meaning of European Regulation 2019/2088
Founders' investment
33 million euros
Performance-related commissions
20% only on co-investments
Management fees
Decreasing management fees from 2.5% to 1.65% per annum depending on the amount subscribed by the investor.
13% per year
1.7 x commitment
Countries where Vintage Altaroc Odyssey is sold
* Performance is neither guaranteed nor contractual and is only a management objective. Investing in the Fund presents a risk of capital loss and illiquidity. Past performance is not a guarantee of future performance, which is subject to tax, depending on the personal situation and the tax regime applicable to each investor.
For residents of Luxembourg, Portugal, Spain, Italy, Switzerland, Belgium, the Netherlands, Germany, Singapore, and the United Kingdom, Altaroc has proposed an investment solution structured in accordance with local regulations, based on a strategy similar to that of Vintage Altaroc Odyssey FPCI. For more information, please contact Altaroc partner service.
Investing in private equity involves risks
The fund is actively managed and is not benchmarked. The Odyssey range is available to professional clients by nature or size (as defined by the MiFID2 directive), as well as to private investors with the capacity to invest 100,000 euros, subject to their needs being in line with the product and the investment period.
Commercial communication of a promotional nature
Investing in the fund involves a risk of capital loss and a liquidity risk. The fund is actively managed and is not managed in relation to a benchmark index. Professional Private Equity Funds (FPCI) are not subject to AMF approval and may adopt investment rules that differ from those of approved funds.The FPCIs in our Odyssey range Odyssey intended (i) for professional clients by nature, by choice or by size, within the meaning of Directive 2014/65/EU known as "MiFID II", and (ii) to the category of qualified investors meeting the conditions of Article 423-49 of the AMF General Regulations, capable of investing a minimum amount of €100,000, subject to prior verification of the suitability of the product to their situation, objectives, and investment horizon.Subscribers' attention is drawn to the fact that their money is locked in for a period of 10 years, except in cases of early release provided for in the regulations. The Professional Private Equity Fund is mainly invested in unlisted assets that present particular risks. Subscribers should familiarize themselves with the risk factors of this Professional Private Equity Fund described in the "Risk Profile" section of the regulations. This communication should not be construed as investment advice, a personalized recommendation, or an offer or solicitation to invest. It is not sufficient on its own to make an investment decision.Before making any final investment decision, please refer to the fund's regulations and key information document (KID), available in our document library. For a detailed description of the risks associated with private equity, please refer to the "Private Equity Performance and Risks" section on our website.
It should be noted that past performance is not indicative of future results and is not consistent over time.
Discover the Vintage Altaroc Odyssey
Fund
The Altaroc Odyssey 2024 portfolio
260 €m
underwritten managers
260M already committed
to 4 global managers
Target
80% invested
The fund portion of Vintage Altaroc Odyssey is invested in five international funds managed by four leading management companies. These include Vitruvian (growth buyout, global with a European focus), Summit Partners (Growth Equity, North America), Thoma Bravo (buyout Cap and Upper Mid-Marketbuyout , software, North America) and Bridgepoint (buyout to mid-marketbuyout , Europe).
This selection reflects a desire for sector and geographic diversification, in line withAltaroc long-term strategy, and favors managers with strong sector specialization and a proven track record of performance.
To date, €260 million has been committed to Vintage funds.
Investing in private equity involves risks of capital loss and liquidity. Past performance is not indicative of future results.
This selection reflects a desire for sector and geographic diversification, in line withAltaroc long-term strategy, and favors managers with strong sector specialization and a proven track record of performance.
To date, €260 million has been committed to Vintage funds.
Investing in private equity involves risks of capital loss and liquidity. Past performance is not indicative of future results.
Vitruvian
51° 30' 55.066 N 0° 9' 14.421" O
Vitruvian
the funds
Vitruvian Investment Partners V
70 €m
Disclosures regarding the manager
year of inception
2006
Offices
8
Assets under management
16 €bn
the team
190 people
Thoma Bravo
37° 46' 29.748" N 122° 25' 9.912" O
Thoma Bravo
the funds
Thoma Bravo Discover V
45 €m
Thoma Bravo XVI
40 €m
Disclosures regarding the manager
year of inception
1998
Offices
6
Assets under management
166 $bn
the team
220 people
Summit Partners
42.35088898258897, -71.07321586047858
Summit Partners
the funds
Summit Partners XII
70 €m
Disclosures regarding the manager
year of inception
1984
Offices
5
Assets under management
37 $bn
the team
239 people
Bridgepoint
51.513777400920496, -0.16024904511729007
Bridgepoint
the funds
Bridgepoint Europe VII
80 €m
Bridgepoint Development Capital V
35 €m
Disclosures regarding the manager
year of inception
1984
Offices
10
Assets under management
41 €bn
the team
+360 people
.webp)
Co-investments
co-investment
20% of Vintage in
co-investment
Target
20% invested
The " co-investment " portion of Vintage Altaroc Odyssey is allocated to transactions carried out alongside portfolio funds.
An initial co-investment was made alongside Thoma Bravo in Qlik, a leading player in the field of data analytics software. This strategy aims to strengthen the portfolio's selectivity by targeting resilient, high-growth companies in Altaroc preferred areas of expertise.
Investing in private equity involves risks of capital loss and liquidity. Past performance is not indicative of future results.
An initial co-investment was made alongside Thoma Bravo in Qlik, a leading player in the field of data analytics software. This strategy aims to strengthen the portfolio's selectivity by targeting resilient, high-growth companies in Altaroc preferred areas of expertise.
Investing in private equity involves risks of capital loss and liquidity. Past performance is not indicative of future results.
Qlik
A world leader in AI-powered business intelligence
Founded in 1993 and headquartered in Pennsylvania, Qlik is a world leader in business intelligence and data integration.
manager
regional split
North America
Sector
Technology / Software
By investing in Vintage Altaroc Odyssey, your customers are supporting growing companies in all four corners of the globe, positioned in sectors of the future.
Discover the French and global #unicorns that make up our exceptional Vintages. Also discover our #high-growth companies that are disrupting their markets through #innovation. Our portfolios are also built around companies that are #must-haves, which you're bound to be familiar with and that are recognised for their #positive impact on the world.
Qlik
A world leader in AI-powered business intelligence
Founded in 1993 and headquartered in Pennsylvania, Qlik is a world leader in business intelligence and data integration.
manager
regional split
North America
Sector
Technology / Software
Investor communications
4 financial reports and 1 ESG report per year
Altaroc provides its investors with quarterly financial reports on the latest news and performance of their Vintages.
In particular, these reports provide information on portfolio valuations, additions to and exits from the portfolio, and the latest news on the companies we support.
In particular, these reports provide information on portfolio valuations, additions to and exits from the portfolio, and the latest news on the companies we support.
Report No. 1
31 March
Report No. 2
June 30
Report No. 3
30 September
Report No. 4
31 December
ESG Report
31 December
Newsroom
All the latest news on Vintage Altaroc Odyssey 2024
Newsletter
Don’t miss any of our news – sign up for our newsletter
The investor’s life at Altaroc
The Vintage funds in the Odyssey range have been designed to meet the specific needs of private clients.
Simple, 100% digital subscription, a simplified fund call system, or tracking the life of the Vintage and the news of the underlying companies - everything has been thought out to offer a smooth, positive experience for both our investors and their advisors.
Simple, 100% digital subscription, a simplified fund call system, or tracking the life of the Vintage and the news of the underlying companies - everything has been thought out to offer a smooth, positive experience for both our investors and their advisors.
Documentation
Altaroc Odyssey 2024 documentation
For any requests to access additional documents from the collection or documentation available in other languages, please contact our partner service.
FAQs
What are the advantages of offering the Vintage ranges?
Why is the Odyssey Vintage range being rolled out so quickly?
Why target only the Technology, Healthcare, B2B Services and Digital Consumer sectors?
Will all the Vintage Odyssey models be the same?
K1 Investment Management
Vitruvian
Thoma Bravo
Summit Partners
New Mountain Capital
Inflexion
Main Capital
Cressey & Company
TA Associates
STG
Accel-KKR
Five Arrows
Seven2
Nordic Capital
Hg
Insight Partners
Apax
CVC
General Atlantic
Bridgepoint
.jpeg)
.jpeg)
.jpeg)
.jpeg)
.jpeg)
.jpeg)
.webp)
.jpeg)
.jpeg)
.jpeg)
.jpeg)
.jpeg)
.jpeg)
.jpeg)
.jpeg)
.jpeg)
.jpeg)
.jpeg)
.jpeg)
.jpeg)
.jpeg)
.jpeg)
.webp)
.webp)
.webp)
.jpeg)
.webp)
