Altaroc Odyssey 2024

Altaroc Odyssey 2024 - Institutional Private Equity Access

A journey begun under open skies - Altaroc Odyssey 2024 opens doors where institutions rarely step. Private equity once locked behind walls now meets curiosity head-on.

Starting in 2024, Altaroc Odyssey comes from a French investment fund set up for professional investors. Instead of only big groups getting in, regular people now reach toward serious private equity deals once locked away.

Investment Strategy

A mix defines the fund's strategy - backing experienced fund leaders while tapping into selective co-investments:

• 80% Fund Investments - Allocated to 5-7 international funds from leading managers active in growth and buyout strategies
• 20% Co-investments - Direct investments alongside portfolio managers to enhance returns

Selected Fund Managers

Around a quarter of a billion euros went to various managers through the fund, spread after thoughtful review. Some of those chosen handles part of this amount:

• Bridgepoint (€80M)
• Vitruvian (€70M)
• Summit Partners (€70M)
• Thoma Bravo (€40M)

Geographic & Sector Focus

Across regions, Altaroc Odyssey 2024 splits holdings nearly evenly - North America claims 45 percent, while Europe also holds 45 percent. A smaller portion, just under one tenth, goes to areas outside those two continents. When it comes to sectors, focus leans heavily on tech and software, making up half the portfolio. Healthcare takes up 20 percent, followed by service-based sectors at the same level. Rounding things out, consumer-focused areas make up a tenth.

Key Features

• Article 8 SFDR classification (sustainable investment focus)
• Eligible for Luxembourg life insurance vehicles
• A founding investment of €33 million shows clear purpose behind the venture
• One thing at a time - quarterly money updates pair off with yearly sustainability reports
• Management fees drop from 2.5% to 1.65%, tied to how much users subscribe

Target Performance

Aiming at a 13% yearly return on investment, the fund also looks to hit 1.7 times the size of committed euros when it comes to scaling capital. Results aren't locked in place through deal terms - they're more like targets set by management to chase down over time.