Discover
Altaroc Odyssey 2021

Detail
80% of the fund
invested in 5 funds managed by leading international players.
20% of the fund
dedicated to co-investments made alongside these managers.
4 target sectors
selected for their strong growth potential and intrinsic characteristics, to build a portfolio with controlled sector diversification.
2 main geographical areas
chosen for their economic dynamism and stability, with a view to strategic geographic diversification.
The Vintage Altaroc Odyssey was designed to offer dual diversification—sectoral and geographical—while seeking increased resilience to economic cycles. This strategy is based on the rigorous selection of managers whose track record demonstrates solid performance over time.

Investing in private equity involves risks of capital loss and liquidity. Past performance is not indicative of future results.

Key features of
Vintage Altaroc Odyssey 2021

Size
180 millions of euro
Marketing period
From 01/10/2021 to 31/01/2022
Format
FPCI with tax benefits
Minimum subscription
100 000€
Duration
10 years
Luxembourg life insurance
Eligible for Luxembourg life insurance with leading insurers
SFDR classification
Article 8 SFDR within the meaning of European Regulation 2019/2088
Founders' investment
33 million euros
Performance-related commissions
20% exclusively on co-investments
Management fees
Decreasing management fees from 2.5% to 1.65% per annum depending on the amount subscribed by the investor.
Countries where theOdyssey Vintage Altaroc Odyssey is sold
1st Closing
June 16, 2023
Successive closings
Depending on volumes still available
* Performance is neither guaranteed nor contractual and is only a management objective. Investing in the Fund presents a risk of capital loss and illiquidity. Past performance is not a guarantee of future performance, which is subject to tax, depending on the personal situation and the tax regime applicable to each investor.
The fund is actively managed and is not benchmarked. The Odyssey range is available to professional clients by nature or size (as defined by the MiFID2 directive), as well as to private investors with the capacity to invest 100,000 euros, subject to their needs being in line with the product and the investment period.
Commercial communication of a promotional nature
Investing in the fund involves a risk of capital loss as well as a liquidity risk. The fund is actively managed and is not benchmarked against an index. Professional Private Equity Funds (FPCI) are not subject to AMF approval and may adopt investment rules that differ from those of approved funds.The FPCI our Odyssey range Odyssey intended for (i) clients who are professional by nature, by choice, or by size, as defined by Directive 2014/65/EU (known as “MiFID II”), and (ii) to the category of qualified investors meeting the conditions of Article 423-49 of the AMF General Regulations, capable of investing a minimum amount of 100,000 euros, subject to prior verification of the product’s suitability for their situation, objectives, and investment horizon.Subscribers’ attention is drawn to the fact that their funds are locked up for a period of 10 years, except in cases of early release provided for in the regulations. The Professional Private Equity Fund is primarily invested in unlisted assets that present specific risks. Investors must review the risk factors of this Professional Private Equity Fund described in the “Risk Profile” section of the fund’s regulations. This communication should not be construed as investment advice, a personalized recommendation, or an offer or solicitation to invest. It is not sufficient, on its own, to make an investment decision.Before making any final investment decision, please refer to the fund’s prospectus and Key Information Document (KID), available in our document library. For a detailed description of the risks associated with private equity, please consult the “Private Equity Performance and Risks” section on our website.
It should be noted that past performance is not indicative of future results and is not consistent over time.

Discover the new Vintage Altaroc Odyssey 2025

Fund

The
Altaroc Odyssey 2021 portfolio

Composition of the vintage at the date of the last reportinG*
80% or €144m invested in top-quartile funds
20% or €36m in co-investments
managers
Co-Investment
regional split
Europe
America
Rest of world
SECTORS
Technology / Software
Services
Consumption
Healthcare
* The composition presented is indicative and reflects an allocation objective. It is a target that may change according to market opportunities, economic conditions, regulatory constraints and investment decisions taken by the management company. It does not in any way guarantee the final allocation of the portfolio, nor does it engage the responsibility of the management company as to its actual achievement.
This will be the legend
This will be the legend
This will be the legend
Composition of the vintage at the date of the last reportinG*
80% or €144m invested in top-quartile funds
20% or €36m in co-investments
* The composition presented is indicative and reflects an allocation objective. It is a target that may change according to market opportunities, economic conditions, regulatory constraints and investment decisions taken by the management company. It does not in any way guarantee the final allocation of the portfolio, nor does it engage the responsibility of the management company as to its actual achievement.
144 €m
managers

€144m already committed in five global funds

Target
80% invested through selected managers, i.e. €144m
The "funds" component of Vintage Altaroc Odyssey 2021 is fully committed to five leading international management companies.

General Atlantic and Insight Partners, two major players in the Growth segment with a global footprint, have been selected alongsideApax Partners, Nordic Capital and Seven2, three m companies recognized in the buyout field. The latter operate in the strategic sectors targeted by Altaroc : software, healthcare, business services and consumer goods.

As of September 30, 2024, a total of €97m had already been invested through these funds.

‍Investing in private equity involves risks, particularly of capital loss and liquidity. Past performance is no guarantee of future results.
Seven2
48.87417150183641, 2.3086453839655348
Seven2

Seven2

the funds
37 €m
Seven2 MidMarket X
Genesis
40 €m
Disclosures regarding the manager
year of inception
1972
Offices
2
Assets under management
4,8 $bn
THE TEAM
55+ people
Nordic Capital
59.33383323264054, 18.0694646458266
Nordic Capital

Nordic Capital

the funds
35 €m
Nordic Capital XI
Nordic Capital Evolution II
40 €m
Nordic Capital XII
Genesis
40 €m
Disclosures regarding the manager
year of inception
1989
Offices
10
Assets under management
31 $bn
THE TEAM
+230 people
Interview with Klas Tikkanen, Chief Operating Officer of Nordic Capital
Insight Partners
40.75489190625322, -73.98277450338149
Insight Partners

Insight Partners

the funds
23 €m
Insight Partners XII
52M$
Insight XIII and GBF XIII
Genesis
40 €m
Disclosures regarding the manager
year of inception
1995
Offices
4
Assets under management
80billion
THE TEAM
+154 people
Introduction to the Fund manager Insight Partners
Apax
51.502292306820635, -0.15315418893313046
Apax

Apax

the funds
20 €m
Apax X LP
100 €m
Apax XI LP
Genesis
40 €m
Disclosures regarding the manager
year of inception
1972
Offices
7
Assets under management
80 $bn
THE TEAM
+350 people
General Atlantic
40.764015909119856, -73.972861246419
General Atlantic

General Atlantic

the funds
23 €m
General Atlantic 2021
General Atlantic 2024
Genesis
40 €m
Disclosures regarding the manager
year of inception
1980
Offices
14
Assets under management
90 $bn
THE TEAM
+450 people
36 €m
co-investment

33M already invested in 5 companies

Target
20% invested or
€36m

The co-investment portion of Vintage Altaroc Odyssey is fully allocated.
Five co-investments have been made alongside various managers in companies that are leaders in their markets. A final co-investment was signed in 2024 in the company AMCS.

Private equity investments involve risks of capital loss and liquidity. Past performance is not indicative of future results.

AMCS
AMCS
A leading developer of industrial software solutions
Innovative
Founded in Ireland in 2003, AMCS is an Irish company offering specialized software solutions for industrial process management.
manager
regional split
Europe
Sector
Technology / Software
Dstny
Dstny
A must
Dstny offers a comprehensive range of telecommunications and cloud services solutions designed to meet the needs of businesses of all sizes and in all sectors.
manager
regional split
Europe
Sector
Technology / Software
Marlink
Marlink
A must
Marlink is the leading operator worldwide of satellite communications services for the shipping and cruise industries. The company also provides connectivity services to users operating in harsh environments.
manager
regional split
Europe
Sector
Technology / Software
Odin Groep
Odin Groep
Innovative
Odin is a Dutch provider of outsourced and cloud IT services. The company offers IT asset management, data hosting and IT infrastructure consulting services.
manager
regional split
Europe
Sector
Technology / Software
Opteven
Opteven
Strong growth
Opteven specialises in insurance and guarantees for vehicles. Its products cover a wide range of risks, including mechanical breakdowns, accidents and damage.
manager
regional split
Europe
Sector
Services
companies

The companies of the Vintage Altaroc Odyssey 2021

By investing in Odyssey Vintages, you will be supporting growing companies around the world that are positioned in the sectors of the future.
Discover the French and global #unicorns that make up our exceptional Vintages. Also discover our #high-growth companies that are disrupting their markets through #innovation. Our portfolios are also built around companies that are #must-haves, which you're bound to be familiar with and that are recognised for their #positive impact on the world.
Adevinta
Adevinta
Strong growth
Adevinta is a Norwegian company listed on the stock exchange and specializing in the distribution of various classified ads.
manager
regional split
Europe
Sector
Technology / Software
Authority Brands
Authority Brands
Strong growth
Authority Brands is the foremost franchisor of home services in North America. A leading brand, its services cover care for the elderly, swimming pool maintenance and outdoor pest control.
manager
regional split
North America
Sector
Services
Odin Groep
Odin Groep
Innovative
Odin is a Dutch provider of outsourced and cloud IT services. The company offers IT asset management, data hosting and IT infrastructure consulting services.
manager
regional split
Europe
Sector
Technology / Software
Opteven
Opteven
Strong growth
Opteven specialises in insurance and guarantees for vehicles. Its products cover a wide range of risks, including mechanical breakdowns, accidents and damage.
manager
regional split
Europe
Sector
Services
Vintage
Odyssey 2021
sector
All
REGION
All
Filter
Discover the companies in the Altaroc funds
EUROPE
56
companies
NORTH AMERICA
56
companies
Rest of the world
56
companies
XX
COMPANIES
Back
Qonto
A French unicorn, Qonto offers an online banking platform for SMEs and self-employed workers.
Vintage
Manager
4,4 € billions
recovery in 2023
4,4 € billions
recovery in 2023
4,4 € billions
recovery in 2023
4,4 € billions
recovery in 2023

Data at 4/10/24
*Source: Public data from company websites and social networks. For the most up-to-date information, we invite our investors to consult the reports available in their own space.

Data at 4/10/24
*Source: Public data from company websites and social networks. For the most up-to-date information, we invite our investors to consult the reports available in their own space.

Investor communications
4 financial reports and 1 ESG report per year
Altaroc provides its investors with quarterly financial reports on the latest news and performance of their Vintages.
In particular, these reports provide information on portfolio valuations, additions to and exits from the portfolio, and the latest news on the companies we support.
Report No. 1
31 March
Report No. 2
June 30
Report No. 3
30 September
Report No. 4
31 December
ESG Report
31 December
The investor’s life at Altaroc
The Vintage funds in the Odyssey range have been designed to meet the specific needs of private clients.

Simple, 100% digital subscription, a simplified fund call system, or tracking the life of the Vintage and the news of the underlying companies - everything has been thought out to offer a smooth, positive experience for both our investors and their advisors.
Documentation

Altaroc Odyssey 2021 documentation

Regulatory documentation
Regulations
For any requests to access additional documents from the collection or documentation available in other languages, please contact our partner service.
What are the advantages of offering the Vintage ranges?
Why is the Odyssey Vintage range being rolled out so quickly?
Why target only the Technology, Healthcare, B2B Services and Digital Consumer sectors?
Will all the Vintage Odyssey models be the same?
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K1 Management
Vitruvian
Thoma Bravo
Summit Partners
New Mountain Capital
Inflexion
Main Capital
Cressey & Company
TA Associates
STG
Accel-KKR
Five Arrows
Seven2
Nordic Capital
Hg
Insight Partners
Apax
CVC
General Atlantic
Bridgepoint
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YOUR INVESTOR PROFILE
Financial intermediary or professional investor
Financial advisors, wealth managers, private bankers, or any other investment service providers.
Qualified Investor or Altaroc Investor
Experienced investor or Altaroc investor
Private investors who have already invested with Altaroc or who have a minimum investment capacity of €100,000.
Private investors who have previously invested in Altaroc who have a minimum investment capacity of 200,000 euros.
Non-professional (retail) investor
Individual investors with an investment capacity below €100,000.
Retail investors with an investment capacity of less than 200,000 euros.
Institutional investor
Pension funds, retirement schemes, asset management companies, and single-family offices.
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