The Re-up program in a nutshell...
Altaroc 's Re-up program will enable you to build a genuine Private Equity investment strategy on a par with the largest institutional investors, starting at €310,000.
What you'll discover
- The operating principles of this major innovation
- The program's simplicity and benefits
- The tools we put at your disposal to track the evolution of your portfolio
What you'll love:
- Discover why this new offer will revolutionize your wealth strategy
- The operational simplicity with which it will be implemented
Who is this event for?
- To Altaroc partners and their customers
Please note that participants' identities will be masked during this webinar.
The risks of investing in Private Equity
Investing in Private Equity involves a number of risks:
Liquidity risk
Units subscribed to Altaroc by investors are subject to a 10-year lock-up period, which may be extended by 3 one-year periods. As Altaroc funds invest via or alongside unlisted funds, which themselves invest in unlisted companies, the securities they hold are not liquid, and there is no secondary market to facilitate transactions for investors. Nevertheless, since calls for funds are made over 3 to 4 years, investors in Altaroc funds do not release their entire subscription at once. Moreover, they generally regain partial liquidity from the fourth year of the vintages' life: at this point, the underlying funds begin to resell their holdings and distribute their share of the proceeds to Altaroc , which is then redistributed to all investors.
Risk of capital loss
Investing in Private Equity funds is not a product with guaranteed capital or returns (unlike products such as the Livret A passbook savings account). A study conducted by France Invest and Olivier Gottschlag (professor at HEC) nevertheless concludes that the probability of losing 25% of one's Private Equity capital is very low (less than 0.5%). What's more, as each of the Altaroc vintages is invested in 5 to 6 funds, themselves invested in some twenty or thirty companies, this further reduces the risk of capital loss.
Performance risk
Performance targets express an expected result, but there is no guarantee that such a result will be achieved. Past performance is no guarantee of future results. A number of risks inherent to the economic environment and the Private Equity business, which are described in the fund regulations, may affect investment performance.
Business cycle risk
Investing in Private Equity funds is subject to a degree of volatility linked to changing economic cycles: depending on the cycle, the conditions for acquiring or disposing of the underlying holdings will be more or less favorable. Our recommendation for investors Altaroc is to invest in at least three vintages Altaroc . This allows investors to diversify their investments in terms of manager selection, funds and geographical exposure, and also to minimize the risk associated with economic cycles.
