\closed since
29 March 2024
Pre-tax 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 2023
For its third Odyssey Vintage, Altaroc continues to develop its investment strategy by working with 5 international managers. An initial co-investment has already been made in a market-leading software company.
Odyssey 2023 offers both geographic and sector diversification , following a similar strategy to the previous Vintage .
Odyssey 2023 offers both geographic and sector diversification , following a similar strategy to the previous Vintage .
Vintage 2023 key points
Size
330 million euros
marketing period
From 04 April 2023 to 29 March 2024
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
€30M
Successive closings
Depending on volumes still available
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.
330 M€
The
Odyssey 2023 portfolio
Target composition of the €500 million vintage
80% or €400m invested in top-quartile funds
20%, or €100m in co-investment
fund managers
264 M€
fund managers
264M already committed to 5 global managers
Objective
80% invested through selected managers, i.e.
252 M€
252 M€
The fund portion of Vintage Altaroc Odyssey 2023 is fully committed to 5 funds:
- CVC IX: a buyout fund, the historic leader in European large cap, investing worldwide in all ofAltaroc ' preferred sectors: technology (mainly software), healthcare, business services and consumer goods,
- TA Associates XV: a pioneering growth equity fund investing worldwide in allAltaroc's preferred sectors, with particular expertise in the software sector,
- New Mountain VII: a North American buyout fund, Inflexion Partnership Capital III, a buyout fund dedicated to minority operations in Northern Europe,
- Inflexion Partnership Capital III : a buyout fund dedicated to minority operations in Northern Europe
- Main Capital VIII : a buyout fund from Main Capital investing exclusively in the software sector in Northern Europe and the USA.
Investing in private equity involves risks of capital loss and liquidity. Past performance is no guarantee of future results.
- CVC IX: a buyout fund, the historic leader in European large cap, investing worldwide in all ofAltaroc ' preferred sectors: technology (mainly software), healthcare, business services and consumer goods,
- TA Associates XV: a pioneering growth equity fund investing worldwide in allAltaroc's preferred sectors, with particular expertise in the software sector,
- New Mountain VII: a North American buyout fund, Inflexion Partnership Capital III, a buyout fund dedicated to minority operations in Northern Europe,
- Inflexion Partnership Capital III : a buyout fund dedicated to minority operations in Northern Europe
- Main Capital VIII : a buyout fund from Main Capital investing exclusively in the software sector in Northern Europe and the USA.
Investing in private equity involves risks of capital loss and liquidity. Past performance is no guarantee of future results.
New Mountain Capital
40.762142108217766, -73.98443518988856
New Mountain Capital
the funds
No items found.
Fund manager information
year established
1999
OFFICES
4
Assets under management
$40Bn
team
+200 people
Inflection
51.51781031643221, -0.1485636297738658
Inflection
the funds
No items found.
Fund manager information
year established
1999
OFFICES
4
Assets under management
£8Bn
team
+ 140 people
Introducing Inflexion
3:45mn
Main Capital
52.08226091548516, 4.3072574110931745
Main Capital
the funds
No items found.
Fund manager information
year established
2003
OFFICES
5
Assets under management
€4Bn
team
70 people
TA Associates
42.349331291671405, -71.07500224542261
TA Associates
the funds
No items found.
Fund manager information
year established
1968
OFFICES
6
Assets under management
$45Bn
team
+260 people
CVC
51.51098764193166, -0.11999276046062404
CVC
the funds
No items found.
Fund manager information
year established
1981
OFFICES
25
Assets under management
€140Bn
team
+350 people
66 M€
co-investment
€42M already invested in 1 company
Objective
20% invested
63 M€
63 M€
The co-investment portion of the Altaroc Odyssey 2023 Vintage has been allocated to one co-investment to date, alongside HG, in an accounting, payroll and human resources software publisher with operations in Europe and Latin America.
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
By investing in the Odyssey Vintages, your clients will be supporting growing companies positioned in 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.
Global Data
GlobalData is a leading provider of data, analysis and information on the world's major industries.
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
IBS Software
IBS Software is the leader in SaaS software solutions for logistics and tourism. Its software helps optimise airline management and is used by prestigious customers such as Cathay Pacific Airways, Air Canada and Singapore Airlines.
fund manager
geography
Rest of world
Sector
Technology and Software
MiQ
MiQ is a global leader in ad campaign optimisation, working with marketers and agencies.
fund manager
geography
Europe
Sector
Technology and Software
Palex
Palex Medical is a Spanish company distributing hospital equipment and solutions in over 40 medical specialties.
fund manager
geography
Europe
Sector
Healthcare
Team.blue
Team.blue is one of Europe's leading providers of online hosting services for SoHos (small offices/home offices) and SMEs throughout Europe.
fund manager
geography
Europe
Sector
Technology and Software
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
Windar
Founded in Spain in 2007, Windar is a key player in the manufacture of wind turbine components, specialised in towers for onshore wind power and floating substructures for offshore wind power.
fund manager
geography
Europe
Sector
B2B Services
HealthDrive
HealthDrive practitioners provide a full range of clinical services in long-term care facilities.
fund manager
geography
North America
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
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 news from Vintage 2023
Newsletter
Subscribe to our newsletter to keep up to date with all the latest news.
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
