Odyssey 2023

TA Associatesa Private Equity fund established in 1968, focuses on growth buyouts, investing mainly in North America and Europe, with a predilection for the software sector, targeting profitable, high-growth companies. Its strategy is based on a proactive approach to the market and solid M&A expertise to consolidate fragmented markets.

CVC is the largest Private Equity player in Europe, managing the largest LBO fund in history at €26 billion, focusing primarily on companies with a valuation of up to €5 billion. The fund invests mainly in Europe, followed by North America, with a value strategy and sector diversification including software, services, healthcare and consumer goods. The advantage of CVC lies in its global presence with over 25 offices and 800 employees, offering local proximity and international sector networks to support companies.

Jean-Pierre Petit, Chairman of Cahiers verts de l'économie, highlights the value of Private Equity, which accounts for around 4.5% of the world's market capitalization, as an investment in the real economy offering opportunities at different stages of company development, with potentially higher returns than listed equities, despite risks linked to fund selection and liquidity, advising an allocation of 5 to 10% of assets for a medium- to long-term investment strategy.