The selection universe of the Altaroc Odyssey 2025 Vintage

The Vintage Altaroc Odyssey is built around a portfolio of seven private equity funds managed by six leading international firms. This structure aims to combine geographic, sectoral, and strategic diversification while relying on experienced teams capable of navigating various economic cycles. The fund’s exposure is deliberately balanced between the United States and Europe. On the U.S. side, the Insight Partners fund exemplifies a growth equity approach focused exclusively on software, with the ability to invest in companies of all sizes globally. This exposure is complemented by the New Mountain Strategic Equity Fund II, which targets the mid-market through buyout , as well as Great Hill Partners IX, which combines growth and buyout promising sectors such as software, healthcare, services, and digital consumer goods.In Europe, the strategy relies notably on Hg its Saturn IV and Mercury V funds, which cover the Large Cap and Mid Market segments, respectively, while remaining specialized in software. Nordic Capital brings a pan-European dimension with a large-cap strategy historically rooted in the Nordic countries but now extended to Europe and the United States, with investments in software, payments, healthcare, and services. Finally, Inflexion strengthens exposure to the European Mid Market with a team recognized for its depth and ability to invest in growth companies across several key sectors. The selection of fund managers is based on rigorous criteria. All management firms were established between the late 1980s and the early 2000s, giving them a 25- to 35-year track record. They currently manage assets ranging from 10 to 100 billion, primarily on behalf of institutional investors, which attests to their strength and credibility in the market.This investment universe does not correspond to a fixed allocation but rather to a working framework that includes funds in advanced stages of due diligence. However, as soon as Vintage Odyssey was launched, firm commitments were secured in Insight Partners and Hg IV. This ensures a rapid start to capital deployment while providing good visibility on portfolio construction.Overall, the strategy behind this vintage is based on a combination of diversification and selectivity. It aims to capture growth in structurally promising sectors while relying on managers capable of generating performance over the long term. The approach thus seeks to maximize the portfolio’s resilience and its potential for value creation from the earliest stages of investment.