ODYSSEY range
Altaroc Odyssey FPCI
The Vintage Altaroc Odyssey closed on March 31, 2025, having raised €355 million.
Discover
Altaroc Odyssey 2024
Detail
80% of the fund
focused on 5 to 7 international funds selected from leading asset managers active in growth and buyout strategies.
20% of the fund
dedicated to co-investments made alongside these same managers, in order to seize complementary opportunities with strong conviction.
4 key industry themes
chosen for their growth potential and strategic relevance, with the aim of targeted, long-term sector diversification.
2 main geographical areas
Europe and North America: a balanced allocation to benefit from the stability of developed markets and their depth of opportunity.
For its fourth Vintage, Altaroc a flexible and selective approach. From the very launch of Altaroc Odyssey , the investment team has relied on a rigorous selection process, allowing it to adjust the pace of deployment while maintaining high standards. To date, €260 million has been committed to five funds, recognized for their solid track records, strong sector specialization, and ability to generate value primarily through operational growth rather than leverage.
Investing in private equity involves risks of capital loss and illiquidity. Past performance is not indicative of future results.
Investing in private equity involves risks of capital loss and illiquidity. Past performance is not indicative of future results.
Key Features of theVintage
Vintage "
Size
355 millions of euro
Marketing period
From 04 April 2024 to 03 March 2025
Format
FPCI
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% only on co-investments
Management fees
Decreasing management fees from 2.5% to 1.65% per annum depending on the amount subscribed by the investor.
13% per year
1.7 x commitment
Countries where theOdyssey Vintage Altaroc Odyssey is sold
* 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.
For taxpayers resident in Luxembourg, Portugal, Spain, Italy, Switzerland, Belgium, the Netherlands, Germany, Singapore, and the United Kingdom, Altaroc has offered an investment solution structured in accordance with local regulations, based on a strategy similar to that of Vintage Altaroc Odyssey FPCI. For more information, please contact Altaroc partner services department.
Investing in private equity involves risks
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 Vintage Altaroc Odyssey
Fund
The Altaroc Odyssey 2024 portfolio
260 €m
underwritten managers
260M already committed
to 4 global managers
Target
80% invested
The fund portion of Vintage Altaroc Odyssey is invested in 5 international funds managed by 4 leading asset management firms. Among them are Vitruvian (growth buyout, global with a European focus), Summit Partners (Growth Equity, North America), Thoma Bravo (buyout and Upper Mid-Marketbuyout , software, North America), and Bridgepoint (buyout to mid-marketbuyout , Europe).
This selection reflects a commitment to sectoral and geographic diversification, in line withAltaroc long-term strategy, and prioritizes managers with strong sector-specific expertise and a proven track record of performance.
To date, €260 million has been committed to the funds in Vintage.
Investing in private equity involves risks of capital loss and illiquidity. Past performance is not indicative of future results.
This selection reflects a commitment to sectoral and geographic diversification, in line withAltaroc long-term strategy, and prioritizes managers with strong sector-specific expertise and a proven track record of performance.
To date, €260 million has been committed to the funds in Vintage.
Investing in private equity involves risks of capital loss and illiquidity. Past performance is not indicative of future results.
Vitruvian
51° 30' 55.066 N 0° 9' 14.421" O
Vitruvian
the funds
Vitruvian Investment Partners V
70 €m
Disclosures regarding the manager
year of inception
2006
Offices
8
Assets under management
16 €bn
the team
190 people
Thoma Bravo
37° 46' 29.748" N 122° 25' 9.912" O
Thoma Bravo
the funds
Thoma Bravo Discover V
45 €m
Thoma Bravo XVI
40 €m
Disclosures regarding the manager
year of inception
1998
Offices
6
Assets under management
166 $bn
the team
220 people
Summit Partners
42.35088898258897, -71.07321586047858
Summit Partners
the funds
Summit Partners XII
70 €m
Disclosures regarding the manager
year of inception
1984
Offices
5
Assets under management
37 $bn
the team
239 people
Bridgepoint
51.513777400920496, -0.16024904511729007
Bridgepoint
the funds
Bridgepoint Europe VII
80 €m
Bridgepoint Development Capital V
35 €m
Bridgepoint VIII
50 €m
Disclosures regarding the manager
year of inception
1984
Offices
10
Assets under management
41 €bn
the team
+560 people
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Co-investments
co-investment
20% of Vintage as a co-investment in
Target
20% invested
The “co-investments” portion of Vintage Altaroc Odyssey is allocated to transactions conducted alongside portfolio funds.
An initial co-investment was made alongside Thoma Bravo in Qlik, a leading player in the data analytics software sector. This strategy aims to enhance the portfolio’s selectivity by targeting resilient, high-growth companies in the sectors of expertise prioritized by Altaroc.
Private equity investments involve risks of capital loss and illiquidity. Past performance is not indicative of future results.
An initial co-investment was made alongside Thoma Bravo in Qlik, a leading player in the data analytics software sector. This strategy aims to enhance the portfolio’s selectivity by targeting resilient, high-growth companies in the sectors of expertise prioritized by Altaroc.
Private equity investments involve risks of capital loss and illiquidity. Past performance is not indicative of future results.
Qlik
A world leader in AI-powered business intelligence
Founded in 1993 and headquartered in Pennsylvania, Qlik is a world leader in business intelligence and data integration.
manager
Thoma Bravo
regional split
North America
Sector
Technology / Software
By investing in Vintage Altaroc Odyssey, your clients are supporting growing companies around the world that operate in sectors with a promising 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.
Qlik
A world leader in AI-powered business intelligence
Founded in 1993 and headquartered in Pennsylvania, Qlik is a world leader in business intelligence and data integration.
manager
regional split
North America
Sector
Technology / Software
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.
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
Newsroom
All the latest news on Odyssey Vintage Altaroc Odyssey
Newsletter
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The investor’s life at Altaroc
The Vintage the Odyssey lineup Odyssey designed to meet the specific needs of private clients.
From a simple, 100% digital subscription process and a streamlined capital call system to tracking the performance of Vintage news about the underlying companies, everything has been designed to provide a seamless and positive experience for both our investors and their advisors.
From a simple, 100% digital subscription process and a streamlined capital call system to tracking the performance of Vintage news about the underlying companies, everything has been designed to provide a seamless and positive experience for both our investors and their advisors.
Documentation
Altaroc Odyssey 2024 documentation
For any requests to access additional documents from the collection or documentation available in other languages, please contact our partner service.
FAQs
What are the advantages of offering the Vintage ranges?
Why Odyssey the rollout Vintage the Vintage the Odyssey line so fast?
Why target only the Technology, Healthcare, B2B Services and Digital Consumer sectors?
Will all the Vintage the Odyssey line Odyssey similar?
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