Generalist vs. specialist funds

This video analyzes the central role of software publishers in private equity strategies, through the rise of the SaaS model, the adoption of cloud computing and artificial intelligence, and the growth drivers sought by buyout funds.

In just 4 years, 6,000 investors have entrusted Altaroc with access to an exclusive selection of the best private equity funds. Recognized expertise, a strong alignment of interests and dedicated support explain this success. Find out why Altaroc is the benchmark for private equity investing.

Being invested in Private Equity does not mean being well equipped. A strategic allocation between 10 and 30% of assets helps maximize performance and minimize volatility. Find out why traditional models are outdated and how Re-Up's strategy Altaroc allows you to invest like large institutions.

Waiting to invest in private equity can result in missing key opportunities. A time-honored, diversified approach reduces risk and optimizes long-term performance. Learn why top investors don’t wait and how Altaroc allows you to access institutional strategies today.

DiscoverAltaroc's extra-financial reporting, presented by Claire Peyssard Moses, Chief Reporting Officer ofAltaroc.

DiscoverAltaroc 's financial reporting in this video presented by Claire Peyssard Moses, Chief Reporting Officer ofAltaroc.

Discover the best moments of the presentation of the Vintage Altaroc Odyssey 2024's new funds.

Discover the best moments of the presentation of the Vintage Altaroc Odyssey 2024's new funds.

Louis Flamand emphasizes that buyout and Growth Equity in Private Equity offer a good combination of risk, return and liquidity, and that a disciplined and consistent investment strategy in these areas is essential, without giving in to the trends of the moment. He stresses the importance of choosing managers with a proven track record and committing to the long term, concentrating on sectors with secular growth and avoiding trendy sectors without a solid performance track record.

Altaroc 's Chief Investment Officer Louis Flamand emphasizes the importance of rigorous criteria in the fund selection process. Altaroc favors firms of significant size, with a long history and sector expertise, in-house operational resources, a solid track-record, and a strong alignment of interests through a substantial financial commitment on the part of the managers.

Louis Flamand explains why Altaroc focuses mainly on the Mid Market, with investments in mid-sized companies, and avoids the Small Cap due to higher risks, while remaining open to Large Cap opportunities if they offer significant growth and various exit options, as illustrated by their Vintage 2023 investing in large funds targeting the upper Middle Market and lower Large Cap.

Altaroc 's Private Equity investment strategy favors the mature and specialized North American market, while remaining selective in Europe, with a preference for solid pan-European strategies. We avoid Asian funds, which are less proven to date, but keep an eye on developments in this market for potential future investments.

Altaroc offers a vintage portfolio of institutional-quality Private Equity, a highly innovative digital ecosystem to simplify life for our partners and their customers, and a high-quality service commitment.

With Altaroc , Private Equity experts Frédéric Stolar and Maurice Tchenio offer simplified access to this asset class, previously reserved for institutional investors, thanks to a product range natively designed for private clients and an intuitive digital ecosystem.

Frédéric Stolar explains the fee structure at Altaroc.

Frederic Stolar highlights how investing with Altaroc gives meaning to your savings, and how Altaroc allows you to track your investment regularly and in detail via our digital platform, including quarterly financial and extra-financial reports and updates on the activities of portfolio companies. It highlights the role of Private Equity in creating jobs, wealth and innovation, as well asAltaroc 's commitment to bringing your investment to life through interactive reporting.

Altaroc offers turnkey, diversified portfolios, based on a clear strategy with 5 to 6 exceptional managers per portfolio, drawing on decades of experience to offer a portfolio built around strong convictions. Altaroc focuses on high-growth sectors such as technology, healthcare and digital platforms, investing mainly in the United States and Europe, but also in the rest of the world, to maximize portfolio returns.

Altaroc benefits from the strategic support of Altamir, a listed holding company managed by Maurice Tchenio, which invests a minimum of 30 million euros per Vintage, thus providing a solid financial base and a mark of confidence for investors. Altamir's participation also gives Altaroc the ability to pre-subscribe to selected managers, givingAltaroc customers greater visibility in the construction of their investment portfolios.

Frédéric Stolar points out that American family offices, with liquid assets in excess of $200 million, are increasingly investing in Private Equity. This asset class accounts for over 30% of their portfolios, compared with less than 1% for French private clients. It was this trend that prompted the creation ofAltaroc, an institutional-quality investment offering aimed at private clients with very little exposure to Private Equity.

Altaroc offers its clients privileged access to Private Equity funds that are difficult for private investors to access. Altaroc has implemented a rigorous manager selection process based on demanding financial and extra-financial criteria. Altaroc 's ambition is to beat the average market performance by exposing its clients only to the top quartile, whose exceptional managers have delivered between 20 and 24% net annual returns over the long term.

Frédéric Stolar points out that Private Equity offers historical outperformance and lower volatility than listed markets, while also providing asset diversification thanks to its de-correlation with the latter, particularly during periods of economic recession. He emphasizes the asset class's historic ability to deliver impressive performance over the long term, with average returns of 12% per annum over the long term, and a resilience that is accentuated during crises, offering appreciable stability in the face of inflation and market vagaries.

Frédéric Stolar believes that Private Equity is essential for building and leaving a solid legacy and for financing retirement. At Altaroc, our ambition is to convince private clients to invest in Private Equity with Altaroc, thanks to global, diversified and digital solutions. We also aspire to makeAltaroc the European leader in Private Equity for private clients, by offering an institutional-quality product that is still absent from European markets.

Altaroc offers unique access to a diversified portfolio of global Private Equity funds, with a minimum investment of €100,000 over five years. Unlike banks' traditional mono-feeder offerings, Altaroc stands out for its cutting-edge selection and exclusive commitment to growth sectors, all designed by former Private Equity fund managers.

Vintage Altaroc reduce the risk inherent in economic cycles by diversifying investments over different cycles. They also offer customers the flexibility to adapt their annual investments to the evolution of their assets.

Frederic Stolar Managing Partner ofAltaroc reaffirmsAltaroc 's investment strategy, with a focus on economic sectors with high growth potential, including software, healthcare, B2C and B2B digital marketplaces, despite the market's fluctuating valuations, particularly in tech. Altaroc maintains its exposure to companies with solid fundamentals and high growth, with examples such as Access and IFS in the SaaS software sector, where we can see significant organic growth and high EBITDA margins.

Altaroc focuses on secular growth sectors such as technology, healthcare and services, moving towards defensive economic models and innovative business models such as SaaS, while avoiding cyclical industries.

Louis Flamand presents Altaroc preferred private equity strategies Altaroc growth equity and leveraged buyouts (LBOs). These approaches target fast-growing or mature companies offering an optimal risk/return profile for private clients. Altaroc venture capital, turnaround, and infrastructure funds due to their volatility or low liquidity. With a solid track record and resilient performance (average IRR of 17.5% for LBOs), Altaroc to maximize returns while controlling risk for its investors.