Re-Up via Odyssey
The Re-Up program via Odyssey by combining consistent annual commitments and multi-vintage diversification, investors can build a progressive portfolio.
From the early years of distribution (often around year 7), this approach encourages partial self-financing of capital calls through distributions from previous vintages, thereby contributing to the sustainability of the protective mechanism.
Strategic architecture
Multi-vintage construction
The investor commits annually on a regular basis, spreading the entry risk and avoiding concentration in a single year.
Overlaying flows
Thanks to the natural time lag between commitments and calls for funds, cash flow is spread out over the first few years, reducing the immediate impact on the family budget.
Institutional distribution logic
As the first vintages enter distribution, the cash flows generated may cover all or part of subsequent capital calls, gradually stabilizing the cash flows distributed to the family.
Steering via simulation
The trajectory can be constructed from:
• Available capital
• Target capital at a given time horizon
• Target income
Projections can be expressed gross or net of income tax. The modeling incorporates capital calls, cash flow troughs, and estimates of future cash flows.
Taxation: gains realized are subject to the applicable capital gains tax regime.
The advantages for investors
Sustainable financial protection: building up additional income for the family upon maturity.
Institutional and disciplined approach: regular commitments and diversification over time.
Readability and management: projections can be made gross or net of income tax, depending on the tax assumptions used.
Asset flexibility: compatible with inheritance or family use objectives.
Institutional access starting at €300–400k in available capital.
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.
