
In this file, you will discover:
The last quarter of 2025 confirms the gradual stabilization of the macroeconomic environment. Improved financing conditions and a recovery in transactions are supporting activity, while exit markets are regaining momentum.
In this clearer but more selective environment, investment discipline and access to the best managers remain crucial.
Discover Louis Flamand, CIOAltaroc analysis of the environment in the fourth quarter of 2025.
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