\closed since
3 April 2023
Yield assumption
Net of all fees, averaged over business cycles
>13% /year
1.7x the commitment
Performance objectives are neither contractual nor guaranteed.
They assume future performance based on past data. This is not an exact indicator. The performance of your investment will depend on how long it is held and on market trends.
Investing in Private Equity involves risks, notably involving liquidity and capital loss.
They assume future performance based on past data. This is not an exact indicator. The performance of your investment will depend on how long it is held and on market trends.
Investing in Private Equity involves risks, notably involving liquidity and capital loss.
Discover Odyssey 2022
The Odyssey 2022 Vintage has raised a total of €465m over 12 months.
The amounts have been allocated to six funds from leading international managers, and three co-investments have already been made alongside them.
This allocation offers effective diversification across the sectors and geographies favored by Altaroc Partners.
The amounts have been allocated to six funds from leading international managers, and three co-investments have already been made alongside them.
This allocation offers effective diversification across the sectors and geographies favored by Altaroc Partners.
Vintage 2022 key points
Size
€465M
marketing period
From 1 February to 30 March 2023
duration
10 years
Luxembourg life insurance
Eligible for Luxembourg life insurance
LEGAL FORM
FPCI
minimum subscription
100 000€
SRRI classification
6
SFDR CLASSIFICATION
Article 8
Performance fees
20% exclusively in co-investments
Management fees
From 2.5% to 1.65% per annum depending on the amount subscribed by the investor
Altamir's investment
€40M
last closing
31 March 2023
The Odyssey range is available to clients deemed professional by nature or size (as defined by MiFID2), as well as to private investors with the capacity to invest 100,000 euros, subject to the product and investment horizon meeting their needs.
This is a promotional document. Please refer to the fund's regulatory documentation and Key Information Document (KID) before making any investment decision. A summary of investors' investment rights can be found in the KID, which is available in our document library.
Investing in Private Equity involves risks, notably involving liquidity and capital loss. To find out about all the risks associated with Private Equity, visit our Private Equity Performance and Risks page.
This is a promotional document. Please refer to the fund's regulatory documentation and Key Information Document (KID) before making any investment decision. A summary of investors' investment rights can be found in the KID, which is available in our document library.
Investing in Private Equity involves risks, notably involving liquidity and capital loss. To find out about all the risks associated with Private Equity, visit our Private Equity Performance and Risks page.
€465m
The
Odyssey 2022 portfolio
Target composition of the €500 million vintage
80% or €400m invested in top-quartile funds
20%, or €100m in co-investment
fund managers
Co-investment
€372M
fund managers
€367M already committted to seven international funds
Objective
80% invested through selected managers, i.e. $372M
The fund portion of Vintage Altaroc Odyssey 2022 is fully committed to 7 funds: Hg Saturn 3 and Hg Genesis 10, two buyout funds managed by Hg, Europe's leading software fund manager, Apax XI, a leading buyout fund with global geographic coverage, Bridgepoint Europe VII, a leading buyout pan-European fund, Cressey VII, a fund specializing in the US healthcare sector, and two other funds specializing in US software companies: STG VII, a fund with a value strategy, and Accel KKR buyout VII, a growth-oriented fund.
Private Equity investments entail risks of capital loss and liquidity. Past performance is no guarantee of future results.
Private Equity investments entail risks of capital loss and liquidity. Past performance is no guarantee of future results.
Cressey & Company
41.88499948961384, -87.63628214565281
Cressey & Company
the funds
$28M
Cressey fund VII
Fund manager information
year established
1976
Offices
2
Assets under management
$3Bn
team
+ 45 people
STG
37.45582541522596, -122.1854168679586
STG
the funds
€37M
STG Fund VII
Fund manager information
year established
2002
Offices
3
Assets under management
$5Bn
team
+60 people
Accel-KKR
37.42315075671345, -122.1985055029838
Accel-KKR
the funds
€19M
Accel-KKR Buyout VII
Fund manager information
year established
2000
Offices
4
Assets under management
$15Bn
team
+100 people
Hg
51.50535195689056, -0.08055042883579441
Hg
the funds
€53M
HG Capital Genesis 10
€50M
HG Capital Saturn 3
Fund manager information
year established
1997
Offices
3
Assets under management
+ $40Bn
team
+250 people
Introducing Hg manager
5:26mn
Apax
51.502292306820635, -0.15315418893313046
Apax
the funds
€20m
Apax X LP
€100M
Apax XI LP
Fund manager information
year established
1972
Offices
7
Assets under management
$60Bn
team
+280 people
Bridgepoint
51.513777400920496, -0.16024904511729007
Bridgepoint
the funds
€80M
Bridgepoint Europe VII
Fund manager information
year established
1984
Offices
10
Assets under management
41 billion
team
+360 people
€93M
co-investment
€42.2M already invested in three companies
Objective
20% invested, or $93m
The co-investment portion of Vintage Altaroc Odyssey 2022 has been allocated to 5 co-investments to date: 2 co-investments alongside HG in 2 software companies, a co-investment alongside Apax in a North American home services franchise platform, a co-investment alongside Bridgepoint in a carve-out of the Nexity group's property management business in France, and finally a co-investment is about to be made alongside Nordic Capital in an international pharmaceutical company.
Private Equity investments entail risks of capital loss and liquidity. Past performance is no guarantee of future results.
Private Equity investments entail risks of capital loss and liquidity. Past performance is no guarantee of future results.
Visma
Founded more than 25 years ago, Visma has gradually established itself as one of Europe's leading cloud software companies.
fund manager
geography
Europe
Sector
B2B Services
The Access Group
Access is a leading provider of business software for medium-sized and mid-sized companies in the UK and Asia-Pacific.
fund manager
geography
Europe
Sector
Technology and Software
Authority Brands
Authority Brands is North America's leading home services franchiser. It is a leading brand, ranging from care for the elderly to pool maintenance and outdoor disinsectisation.
fund manager
geography
North America
Sector
B2B Services
IFS
IFS is the world's leading provider of ERP management software for industrial companies worldwide.
fund manager
geography
Europe
Sector
Technology and Software
Nexity ADB
Nexity ADB is the former Personal Services division of the Nexity Real Estate group, focused on condominium management and rental leases.
fund manager
geography
Europe
Sector
B2B Services
Dstny
Dstny offers a comprehensive range of telecommunications and cloud services solutions, designed to meet the needs of businesses of all sizes and in all sectors.
fund manager
geography
Europe
Sector
Technology and Software
Marlink
Marlink is the world's leading operator of satellite communications services for the shipping and cruise industries. It also provides connectivity services to users operating in harsh environments.
fund manager
geography
Europe
Sector
Technology and Software
Odin Groep
Odin is a Dutch provider of outsourced and cloud IT services. The company offers IT asset management, data hosting and IT infrastructure consulting services.
fund manager
geography
Europe
Sector
Technology and Software
Opteven
Opteven specialises in insurance and warranties for vehicles. Its products cover a wide range of risks, including mechanical breakdowns, accidents and damage.
fund manager
geography
Europe
Sector
B2B Services
By investing in Odyssey Vintages, our clients are supporting growing companies positioned in the sectors of the future around the world.
Discover the French and international unicorns that make up our exceptional Vintage. Discover also 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 know and that are recognized for their positive impact on the world.
PEI Group
PEI is a leading information services group that covers the global alternative asset market, including real estate, infrastructure, Private Equity and private debt.
fund manager
geography
Europe
Sector
B2B Services
MiQ
MiQ is a global leader in ad campaign optimisation, working with marketers and agencies.
fund manager
geography
Europe
Sector
Technology and Software
Nexity ADB
Nexity ADB is the former Personal Services division of the Nexity Real Estate group, focused on condominium management and rental leases.
fund manager
geography
Europe
Sector
B2B Services
Vivacy
Vivacy is a fast-growing leader in the field of hyaluronic acid-based dermal fillers. Its products, exported to over 85 countries, are used in non-invasive medical cosmetic procedures to visibly smooth wrinkles or add volume.
fund manager
geography
Europe
Sector
Healthcare
Palex
Palex Medical is a Spanish company distributing hospital equipment and solutions in over 40 medical specialties.
fund manager
geography
Europe
Sector
Healthcare
Avid Technology
Founded in 1987, Avid Technology is one of the world's leading developers of professional music creation software, from video editing tools to audio editing tools.
fund manager
geography
North America
Sector
Technology and Software
HealthDrive
HealthDrive practitioners provide a full range of clinical services in long-term care facilities.
fund manager
geography
North America
Sector
Healthcare
IFS
IFS is the world's leading provider of ERP management software for industrial companies worldwide.
fund manager
geography
Europe
Sector
Technology and Software
RoC
RoC is an iconic French cosmetics brand specialising in anti-aging skin care.
fund manager
geography
Europe
Sector
Healthcare
Ideagen
Ideagen is a world leader in compliance software for regulated industries.
fund manager
geography
Europe
Sector
Technology and Software
Investor relations
4 financial reports
& 1 ESG report per year
& 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 N°1
31 March
Report N°2
31 May
Report N°3
30 Sept.
Report N°4
30 Nov.
ESG Report
31 Dec.
Newsroom
All the latest news from the 2022 Vintage
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Newsletter
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The investor's life at Altaroc
The Odyssey Vintages have been designed to meet the specific needs of private clients.
A simple 100% digital subscription, a simplified capital call system, tracking of Vintage events and news on the underlying companies: everything has been thought out to offer a seamless and positive experience for both our investors and their advisors.
A simple 100% digital subscription, a simplified capital call system, tracking of Vintage events and news on the underlying companies: everything has been thought out to offer a seamless and positive experience for both our investors and their advisors.
FAQ
Why offer Vintage ranges?
Why is Vintage Odyssey being deployed so quickly?
Why target only the Technology, Healthcare, B2B Services and Digital Consumer sectors?
Will all Vintage Odyssey models be similar?
Summit Partners
Vista
New Mountain Capital
Inflection
Main Capital
Cressey & Company
TA Associates
STG
Accel-KKR
Five Arrows
Seven2
Nordic Capital
Insight Partners
Apax
CVC
General Atlantic
Bridgepoint
