Re-Up via Odyssey
The Re-Up program via Odyssey through consistent annual commitment and a disciplined multi-vintage strategy, the company is gradually building a diversified exposure to private equity.
As the first vintages enter the distribution phase, the cash flows generated can be reinvested, thereby reinforcing the capitalization dynamic and allowing exposure to be maintained over time.

Strategic architecture
Multi-vintage construction
The company commits to several vintages each year, in a consistent 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 financial management at the company level.

Institutional capitalization logic
Distributions from older vintages can be reinvested in new commitments. This approach, similar to 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 can 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: gains realized are included in taxable income. Any distribution may result in additional taxation at the personal level.
The benefits for the customer
- A long-term capital-building strategy: the gradual accumulation of private equity capital.
- An institutional discipline: regular commitments and temporal diversification.
- Financial transparency: projections can be presented on a gross basis, net of corporate income tax, or as net distributable income, depending on the parameters selected.
- Efficient use of surplus cash.
The graphic illustration or result presented is not a reliable indicator of future performance. The evolution of values may differ from what is shown, either upward or downward. Gains and losses may exceed the amounts shown in the most favorable and most unfavorable scenarios, respectively. Past performance is not indicative of future results. The applicable tax treatment depends on your individual circumstances. The Re-up program does not constitute an automatic subscription offer or a contractual commitment. Annual subscription to a new Vintage the Odyssey range Odyssey entirely optional and must be the subject of a separate investment decision, based on the regulatory documents of the fund concerned and the individual circumstances of the investor.









