Re-Up via Odyssey
The Re-Up program via Odyssey through consistent annual commitment and a disciplined multi-vintage approach, investors gradually build up diversified exposure to private equity.
This time-based structure makes the portfolio easier to understand and, upon maturity, allows for the transfer of organized assets rather than capital concentrated at a single entry point.
Strategic architecture
Multi-vintage construction
Investors commit to several vintages each year in order to smooth out economic cycles and avoid concentrating on a single investment period.
Overlaying flows
The natural gap between commitments and capital calls allows cash flow to be spread out over the first few years, facilitating asset and estate planning.
Institutional capitalization logic
The overlapping of vintages during the investment phase and, later, during the distribution phase, makes it possible to build structured capital. This approach is similar to endowment-type institutional strategies, based on commitment discipline and progressive capitalization.
Steering via simulation
The trajectory can be constructed from:
• Available capital
• Target capital at a given time horizon
• Target income
Projections may be expressed gross or net of income tax. The model includes capital calls, cash flow troughs, and estimates of future cash flows. Taxation: gains realized are subject to the applicable capital gains tax regime in force.
The advantages for investors
A trajectory planned from the outset: gradual organization of capital with a view to its transfer.
Enhanced heritage transparency: projections can be made gross or net of income tax, depending on the parameters selected.
Institutional discipline: regular commitments and temporal diversification to smooth out cycles.
Easier transfer thanks to capital that is structured and organized over time.
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.
