Re-Up via Odyssey
The Re-Up program via Odyssey through consistent annual commitment and a disciplined multi-vintage strategy, investors gradually build diversified exposure to private equity.
As the first vintages enter the distribution phase, the cash flows generated can be reinvested in new commitments, thereby reinforcing the capitalization dynamic.
Strategic architecture
Multi-vintage construction
Investors commit to several vintages each year, in a regular and structured manner, in order to smooth out economic cycles and avoid concentration on a single entry point.
Overlaying flows
The gap between commitments and capital calls allows cash flow to be spread out over the first few years, optimizing asset management and limiting cash flow lows.
Institutional distribution logic
Distributions from older vintages can be reinvested in new commitments. This approach, similar to institutional endowment strategies, promotes gradual growth of invested capital.
Steering via simulation
The trajectory can be constructed from:
• Available capital
• Target capital at a given time horizon
• Target income
Projections may be expressed as gross, net of income tax, or net distributable to partners. The model distinguishes between company-level performance and the impact of a distribution. Taxation: realized gains are included in taxable income. Any distribution may result in additional taxation at the personal level.
The benefits for the customer
A long-term accumulation strategy: gradually building up private equity capital.
Institutional discipline: regular commitments and temporal diversification.
Financial clarity: projections can be made in gross or net of income tax, depending on the parameters selected.
Structural asset diversification within the real economy.
This document is for informational purposes only and does not constitute investment advice or personalized recommendations. Private equity involves a risk of capital loss and long-term illiquidity.
