Understanding Private Equity

How should we interpret a private equity fund’s performance over time? A clear understanding of performance dynamics and short-term biases.

Private equity funds invest in privately held companies. In this video, you’ll explore the entire investment cycle: key players, strategies, value creation, and exits.

Dimitri Bernard explains performance and liquidity management in private equity.

Claire Peyssard presents the performance ofAltaroc recent co-investments.

Private equity favors a long-term horizon and gradual deployment.

Private equity offers performance, diversification, and access to a broader universe.

Why private equity fees contribute to net performance.

Understanding the fundamentals and value creation in private equity.

Private Equity allows investors to invest in unlisted companies with specialized managers aiming for high returns by supporting fast-growing, well-managed businesses. Unlike the stock market, where judgement is quarterly, Private Equity offers an investment horizon of 5 to 7 years to develop and execute a business plan.

Private Equity is one of the best-performing asset classes, but is still under-represented in French portfolios. Altaroc offers Vintage turnkey solutions to democratize access to Private Equity and enable private clients to replicate the strategies of large institutional investors in Private Equity.

Altaroc long-standing strategyAltaroc private equity funds of funds.

Louis Flamand highlights the team risk andAltaroc selection approach.

Private equity creates value through active governance and long-term growth.

Louis Flamand advocates a disciplined approach to buyout growth equity.

Private equity encompasses venture capital, growth capital, LBO turnarounds, with a wide range of investment profiles.

Frédéric Stolar highlights the absence of market timing in private equity thanks to cash flow smoothing.

Louis Flamand, CIO, presents the mechanism and challenges of the J-curve in private equity.

Private equity invests in unlisted companies and aims to achieve sustainable long-term performance.

Jean-Pierre Petit highlights the benefits of private equity for diversifying asset allocation.

Private equity has historically outperformed listed assets, subject to certain investment conditions.

Growth buyout a natural evolution of private equity. Value creation depends primarily on the quality of the business plan and the ability to execute it effectively.

Investment funds and mutual funds play an important role in asset management and wealth management.

Deal flow is the starting point for any private equity strategy. It refers to all the investment opportunities that a fund identifies, analyzes, and filters over time.

The J curve is one of the most frequently used concepts to describe the performance dynamics of a private equity fund.

A co-investment involves an investor participating directly, alongside a private equity fund, in an investment in a specific company. The co-investment is made in addition to any commitment to the main fund.

Unlisted investments, often grouped under the term "private markets," are playing an increasingly important role in long-term management. They provide access to companies, projects, and assets that operate outside the public financial markets.

Private equity and venture capital play a key role in financing unlisted companies. These strategies enable companies at different stages of maturity to be supported by specialized funds that raise capital over the long term.