Home
Resources
...
Odyssey
Odyssey
Odyssey
Discover Altaroc

Presentation of the Bridgepoint Development Capital fund

Published on
12/9/2024
2:00mn

Summary

Bridgepoint Capital targets the lower mid-market in Europe.

Written transcription

Bridgepoint Development Capital is the lower-to-mid-market fund of Bridgepoint, a firm that Altaroc knows well. As a reminder, Altaroc Odyssey 2022 has committed to Bridgepoint's main fund, Bridgepoint Europe VII, which invests in companies between €250 million and €1 billion. Altaroc Odyssey 2024 invested in Bridgepoint s "little brother" fund, Bridgepoint Development Capital V, or BDC V, which invests in smaller companies of between €50 million and €250 million. These "little brother" funds are very successful because they benefit from being part of a very large organization, with a wealth of resources and expertise, which gives them a real competitive edge in the smaller company market, where they compete with smaller funds that don't have the same resources at all.

I have known the BDC team for about ten years. I invested in BDC III and IV and was a member of the advisory board of these two funds before joining Altaroc .

Fund V has a target size of €2 billion, which the fund is expected to exceed given the strong investor demand for the fund.

BDC invests in high-growth companies primarily in the Services, Technology and Healthcare sectors. The team also invests more opportunistically in the Consumer sector.

BDC's track record is very good since BDC's mature funds, BDC I, BDC II and BDC III, which still have potential to improve their performance, have generated an average performance of 2.6x the net investment and 30% net IRR.

Other episodes in the series

Explore our content collections, which bring together different formats around a single subject/issue/theme.
No articles in this category yet.
Odyssey 2024
Bridgepoint
Welcome to Altaroc
To provide you with a tailored experience, we invite you to complete your profile.
Your profile
country of tax residence
Select
choosenCountry
Preferred language
Select
choosenLang
Your investor profile
Financial intermediary or Professional investor
Financial advisors, wealth management advisors, private bankers, or any other investment service providers.
Qualified Investor or Altaroc Investor
Experienced Investor or Altaroc Investor
Private investors who have already invested in Altaroc 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.
Inexperienced investor
Individual investors with an investment capacity of less than €100,000.
Individual investors with an investment capacity of less than €250,000.
Institutional investor
Pension funds, retirement funds, asset management firms, and single-family offices.
Scroll down to accept General Terms and Conditions
The webpage you are trying to access is not available in your country.