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 alongside these same managers, to seize complementary opportunities with high 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 adopts a flexible and selective approach. Since the launch of Altaroc Odyssey 2024, the investment team has relied on a rigorous selection universe, enabling it to adjust the pace of deployment while maintaining high standards. To date, €260 million has been committed to 5 funds, recognized for their solid track-record, strong sector specialization and ability to generate value primarily through operational growth, rather than leverage.
Past performance is no guarantee of future performance.
Past performance is no guarantee of future performance.
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
Carried interest
20% only on co-investments
Management fees
From 2.5% to 1.65% per year depending on amount subscribed by the investor
Target IRR before tax*.
13% per year
Target multiple before tax* (in euros)
1.7 x commitment
* The return is neither guaranteed nor contractual, and is merely a management objective. Investing in the Fund entails a risk of capital loss and illiquidity.
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.
This is a commercial communication
Please refer to the fund's regulatory documentation and Key Information Document (KID) before making any investment decision. A summary of investors' investment rights is available in the KID in our document library.
Risk of low profitability or capital loss
Investing in private equity entails risks of liquidity and capital loss. To find out more about the risks associated with private equity, visit our Private equity performance and risks page.
Discover the new Vintage Altaroc Odyssey 2025
355 €m
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 2024 is invested in 5 international funds managed by 4 leading asset management companies. These include Vitruvian (Growth buyout, global with a European focus), Summit Partners (Growth Equity, North America), Thoma Bravobuyout Large Cap and Upper Mid-Market, software, North America) and Bridgepoint buyout Lower to Mid-Market, Europe).
This selection reflects a commitment to sector and geographic diversification, in line withAltaroc's long-term strategy, and favors managers with strong sector specialization and a proven track record.
To date, €260m has been invested in Vintage funds.
Private equity investments entail risks of capital loss and liquidity. Past performance is no guarantee of future results.
This selection reflects a commitment to sector and geographic diversification, in line withAltaroc's long-term strategy, and favors managers with strong sector specialization and a proven track record.
To date, €260m has been invested in Vintage funds.
Private equity investments entail risks of capital loss and liquidity. Past performance is no guarantee 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
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 billion
the team
220
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
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
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Co-investments
co-investment
20% of Vintage in
co-investment
Target
20% invested
The "co-investments" portion of Vintage Altaroc Odyssey 2024 is allocated to transactions carried out alongside the funds in the portfolio.
An initial co-investment was made alongside Thoma Bravo in Qlik, a leading player in data analytics software. This strategy aims to strengthen portfolio selectivity by targeting resilient, high-growth companies in Altaroc's preferred sectors of expertise.
Investing in private equity involves risks of capital loss and liquidity. Past performance is no guarantee of future results.
An initial co-investment was made alongside Thoma Bravo in Qlik, a leading player in data analytics software. This strategy aims to strengthen portfolio selectivity by targeting resilient, high-growth companies in Altaroc's preferred sectors of expertise.
Investing in private equity involves risks of capital loss and liquidity. Past performance is no guarantee 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 and 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 span class="text-color-primary400">#must-haves, which you're bound to be familiar with and that are recognised for their #positive impact on the world.
Flowbird Group
A global player in urban mobility management
Flowbird is a leading company, born of the merger between Easypark, one of the world leaders in mobile pay parking, and Flowbird, a global player in urban mobility.
manager
regional split
Europe
Sector
B2B services
Redarbor
South American leader in online recruitment
Founded in 2013 in Spain, Redarbor is a leading online recruitment company.
manager
regional split
Europe
Sector
B2B services
Aspia
Innovative company in back office functions for businesses
Founded in 2018 in Sweden, Aspia designs outsourcing solutions for corporate back office functions.
manager
regional split
Europe
Sector
B2B services
Aduro Advisors
A leader in operations management for private equity firms
Founded in 2012 in the United States, Aduro Advisors offers specialized operations management software solutions for private equity firms.
manager
regional split
North America
Sector
Technology and Software
ObjectiveHealth
A leader in clinical trial support in the United States
Founded in 2018 in the USA, ObjectiveHealth designs software solutions to accelerate the identification and recruitment of patients taking part in clinical trials.
manager
regional split
North America
Sector
Healthcare
OAG
A world leader in air transport data analysis
Founded in 1929, OAG is a long-standing player in air transport data collection and analysis.
manager
regional split
Europe
Sector
Technology and 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
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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.
FAQs
What are the advantages of offering the Vintage ranges?
Why are Odyssey Vintages being deployed so quickly?
Why target only the Technology, Healthcare, B2B Services and Digital Consumer sectors?
Will all the Odyssey Vintages be the same?
Great Hill Partners
Vitruvian
Thoma Bravo
Summit Partners
Vista
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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