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.

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.
Countries where Vintage Altaroc Odyssey is sold
1st Closing
June 16, 2023
Successive closings
Depending on volumes still available
* 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 tax residents of Luxembourg, Portugal, Spain, Italy, Switzerland, Belgium, the Netherlands, Germany, Singapore, and the United Kingdom, Altaroc has offered 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 services.
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 as well as a liquidity risk. The fund is actively managed and is not benchmarked against an 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 FPCI our Odyssey range Odyssey intended for (i) clients who are professional by nature, by choice, or by size, as defined by 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 euros, subject to prior verification of the product’s suitability for their situation, objectives, and investment horizon.Subscribers’ attention is drawn to the fact that their funds are locked up for a period of 10 years, except in cases of early release provided for in the regulations. The Professional Private Equity Fund is primarily invested in unlisted assets that present specific risks. Investors must review the risk factors of this Professional Private Equity Fund described in the “Risk Profile” section of the fund’s 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 prospectus and Key Information Document (KID), available in our document library. For a detailed description of the risks associated with private equity, please consult 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

composition of the Vintage target and selected managers*.
80% invested in top quartile funds
20% co-invested with our managers
managers
Co-Investment
regional split
North America
Europe
Rest of world
SECTORS
Technology / Software
Healthcare
Services
Consumption
* The composition presented is indicative and reflects an allocation objective. It is a target that may change according to market opportunities, economic conditions, regulatory constraints and investment decisions taken by the management company. It does not in any way guarantee the final allocation of the portfolio, nor does it engage the responsibility of the management company as to its actual achievement.
This will be the legend
This will be the legend
This will be the legend
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.
Vitruvian
Vitruvian
51° 30' 55.066 N 0° 9' 14.421" O
Vitruvian

Vitruvian

the funds
Vitruvian Investment Partners V
70 €m
Genesis
40 €m
Disclosures regarding the manager
year of inception
2006
Offices
8
Assets under management
16 €bn
the team
190 people
Presentation of the Manager Vitruvian
Thoma Bravo
Thoma Bravo
37° 46' 29.748" N 122° 25' 9.912" O
Thoma Bravo

Thoma Bravo

the funds
Thoma Bravo Discover V
45 €m
Thoma Bravo XVI
40 €m
Genesis
40 €m
Disclosures regarding the manager
year of inception
1998
Offices
6
Assets under management
166 $bn
the team
220 people
Presentation of the Manager Thoma Bravo
Summit Partners
Summit Partners
42.35088898258897, -71.07321586047858
Summit Partners

Summit Partners

the funds
Summit Partners XII
70 €m
Genesis
40 €m
Disclosures regarding the manager
year of inception
1984
Offices
5
Assets under management
37 $bn
the team
239 people
Presentation of the Manager Summit Partners
Bridgepoint
Bridgepoint
51.513777400920496, -0.16024904511729007
Bridgepoint

Bridgepoint

the funds
Bridgepoint Europe VII
80 €m
Bridgepoint Development Capital V
35 €m
Genesis
40 €m
Disclosures regarding the manager
year of inception
1984
Offices
10
Assets under management
41 €bn
the team
+560 people
Interview with William Jackson, CEO and Chair of the Bridgepoint group
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.
Qlik
Qlik
A world leader in AI-powered business intelligence
Innovative
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
companies

Vintage Altaroc Odyssey 2024 companies

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
Qlik
A world leader in AI-powered business intelligence
Innovative
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
Vintage
Odyssey 2024
sector
All
REGION
All
Filter
Discover the companies in the 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.

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.
Report No. 1
31 March
Report No. 2
June 30
Report No. 3
30 September
Report No. 4
31 December
ESG Report
31 December
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.
Documentation

Altaroc Odyssey 2024 documentation

Regulatory documentation
Altaroc Odyssey FPCI DIC PRIIPS Class A Shares - May 16, 2025
Regulations
For any requests to access additional documents from the collection or documentation available in other languages, please contact our partner service.
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?
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Odyssey 2022
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Odyssey 2021
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Odyssey 2023
K1 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
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YOUR INVESTOR PROFILE
Financial intermediary or professional investor
Financial advisors, wealth managers, private bankers, or any other investment service providers.
Qualified Investor or Altaroc Investor
Experienced investor or Altaroc investor
Private investors who have already invested with Altaroc or who have a minimum investment capacity of €100,000.
Private investors who have already invested in Altaroc who have a minimum investment capacity of €250,000.
Non-professional (retail) investor
Individual investors with an investment capacity below €100,000.
Individual investors with an investment capacity of less than €250,000.
Institutional investor
Pension funds, retirement schemes, asset management companies, and single-family offices.
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