Revolutionizing the approach

Frédéric Stolar emphasizes a key point: having exposure to private equity does not mean having a properly structured portfolio. A true wealth management strategy requires careful consideration of asset allocation. Traditional models, such as the 60/40 portfolio (stocks/bonds), are now outdated, particularly in a context of inflation and geopolitical uncertainty. Private equity has emerged as an essential pillar of wealth management, with a recommended target allocation of between 10% and 30% of total assets—mirroring the practices of institutional investors and high-net-worth individuals.This asset class offers a major advantage: historical performance significantly outperforming public markets, with an IRR of approximately 13.4% over 20 years, compared to about 7.5% for traditional markets. Thanks to the power of compound interest, the gap in value creation becomes substantial over the long term. At the same time, private equity exhibits lower volatility, which improves risk-adjusted returns and enhances its relevance within an overall asset allocation. However, effective allocation does not rely on a one-time investment. The recommended strategy is to invest gradually over several years—typically a six-year period—to smooth out economic cycles and reduce timing-related risks. This principle lies at the heart ofAltaroc Re-up program, which mirrors institutional practices: investing regularly, across different vintages, with similar amounts. This approach enables the construction of a diversified, resilient, and high-performing portfolio over time, while avoiding emotional biases and opportunistic decisions. Each Altaroc vintage Altaroc an investment building block comprising leading funds and co-investments, independent of market trends. The objective is clear: to progressively build an optimized portfolio based on solid convictions and rigorous investment discipline.