Re-Up via Odyssey
The Re-Up program via Odyssey through consistent annual commitment and multi-vintage discipline, the holding company is gradually building up its exposure to private equity.
Once a certain level of maturity has been reached (around year 7), the mechanism allows the first distributions from the initial vintages to contribute to the financing of new capital calls, reinforcing the continuity of the strategy.

Strategic architecture
Consistent annual commitment
The holding company commits to several vintages each year in order to smooth the entry point and ensure that investment is consistent and disciplined.

Time-limited funding effort
The gap between commitments and capital calls allows cash flow efforts to be concentrated in the early years, rather than immediately tying up all commitments.

Gradual self-financing of the portfolio
As the first vintages enter the distribution phase, the revenue generated can help fund some of the new projects.
The holding company thus maintains its exposure while gradually reducing the need for additional financing.

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 advantages for investors
- A long-term strategy compatible with a family holding company: deploying excess cash in a gradual and disciplined manner.
- A controllable cash flow approach: the ability to structure a strategy focused on distributions at maturity (net of tax / net distributable based on parameters).
- Structural diversification: exposure to the real economy, less correlated with listed markets.
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.








