The Altaroc product range

Frédéric Stolar: Maurice Tchenio and I are highly experienced and seasoned professionals in private equity. Maurice literally built the private equity industry in Europe 50 years ago, and I have been working in the field for 35 years. We have both established and managed world-class private equity funds—he at Apax I at Sagard. If I had to sum up our ambition in a few words, what drives us every day is bringing 50 years of institutional private equity innovation to private clients. That isAltaroc ambition. It is, in fact, to give you easy access to this asset class. Private equity has long been an asset class reserved for institutional investors. And when we say institutional, we mean pension funds, life insurance companies, and banks investing their own capital. There are two reasons for this. First, the minimum investment amounts are very high, making it very difficult for private clients to access them. And second, private equity is illiquid and involves operational complexities that require dozens of professionals to manage the portfolios. All of this meant that, until recently—until the emergence of players like Altaroc—this asset class was reserved for institutional investors. Our offering, because it is very simple and very effective, provides you with an annual portfolio focused on the two least volatile and most profitable segments of private equity: growth and buyout. The portfolio is 80% invested with six exceptional global managers—six managers whom we believe are the best available for subscription this year’s Vintage.

Frédéric Stolar: And then the portfolio consists of 20% co-investments. With no fees and no carried interest, made exclusively alongside our managers. Thanks to this portfolio, you gain exposure and global diversification that is highly effective. We are agnostic about geographies. We provide you with the best of the global market. And this portfolio is also built around our strongest sector-specific convictions. We’ve chosen to seek out managers who invest with great precision in our preferred underlying sectors. And finally, when we say Private Equity—to be very clear—our portfolios contain no debt, no real estate, no infrastructure, and no impact investing. So it’s pure Private Equity. And finally, this is a major point—I know many of our partners feel strongly about it: alignment of interests. Maurice and I personally invest tens of millions of euros each year alongside our clients, on the same terms and conditions as they do, because we believe these are the best products in which we, personally, can invest. The other core element of our offering is a technological and digital platform and ecosystem designed to simplify your life, whether you’re an advisor, a private banker, or an end client. Everything is natively digital, everything is simple, everything is seamless, and everything is naturally designed to make the complex institutional private equity experience simple for you. What does that mean? It means you have a Partners Platform professionals where all the necessary information is gathered: fund call dates, fund call terms, company profiles, performance simulators, cash flow simulators, and reports.

Frédéric Stolar: And you have a private area for end-customers where all the information relevant to you, the end-customer, is circumscribed so that you can find at any time all the information relevant to your Altaroc subscription(s). You'll also get daily updates on the companies in which you've invested on the ESG topics that interest you, comprehensive quarterly reports and, whether you're a private client, advisor or banker, dozens of online training courses on private equity to familiarize yourself with the asset class or perfect your private equity knowledge. If I had to sum up Altaroc's ambition, it's constant innovation at the service of private clients. Remember, you bring the best of institutional Private Equity to your private clients. What was the Altaroc 1.0 revolution? It was bringing you a turnkey private equity portfolio that was costing institutional investors several hundred million euros to build each year, and we made it available from €20,000 a year over five years. And what does the Altaroc 2.0 revolution entail? It's an instruction manual for solving your wealth ambitions using private equity building blocks. So we're no longer selling you dry Vintage somewhere. We're selling you an instruction manual, an investment discipline with a simulator so that, like institutional investors, you can build your own personalized retirement plan. So, it's private equity at the service of wealth management solutions, with a turnkey simulation. That's the Altaroc 2.0 revolution.

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