Altaroc Partners SA, a Private Equity fund management company with a mission to provide access to a portfolio of international Private Equity funds, has just received its ELTIF 2.0 approval for the Odyssey 2024 fund. This certification validates its expansion strategy in Europe and now allows it to market its funds throughout the European Union with the aim of continuing its mission to democratize Private Equity.
The acquisition of this approval marks a new phase in Altaroc’s international expansion strategy, allowing European investors to access, from the 2024 Vintage, the funds selected by Altaroc and to benefit from new investment opportunities in its private equity solutions. The ELTIF 2.0 (European Long-Term Investment Fund) is designed to promote long-term investments in the real European economy and offers a harmonized framework for Private Equity asset subscriptions while ensuring enhanced investor protection.
“The acquisition of the ELTIF 2.0 approval marks a major strategic advancement in our European development, especially highlighted by our establishment in Belgium. This certification also validates our commitment to excellence and transparency at three essential levels,” states Frédéric Stolar, Managing Partner of Altaroc.
- It attests to our ability to meet the most demanding European regulatory standards.
- It confirms the robustness of our management and valuation processes, essential for top-tier asset management.
- It demonstrates our constant will to offer investors a secure investment framework.
This recognition allows us to accelerate our international expansion while ensuring European investors privileged access to the best Private Equity opportunities, with the level of demand and service that is our hallmark. This step significantly strengthens our ability to democratize Private Equity across Europe,” testifies Frédéric Stolar, Managing Partner of Altaroc.
Each year, Altaroc markets a Vintage composed of 5 to 7 managers, some of whom are recognized as essential, such as CVC, TA Associates, General Atlantic, Hg, Nordic Capital, Inflexion, Bridgepoint, Thoma Bravo, and Vitruvian. These Vintages offer private clients the opportunity to contribute to the real economy by investing in international, innovative, and high-growth companies in sectors such as software, healthcare, B2B services, and consumer products.
Altaroc, which relies on a team of over 65 experts in France, Switzerland, and Belgium, has already launched 4 Vintages and raised more than 1.3 billion euros from 7000 private clients.