Althos

What Althos does

Althos is a Paris-based, privately-held, 100% employee-owned wealth management advisory firm founded around 2012 and registered with ORIAS (n° 11059284) and as a member of CNCGP. It serves French high-net-worth individuals, business owners/entrepreneurs, liberal professionals, executives, and expatriates, with minimum investable assets of €500,000 for wealth management services and €100,000 for its non-listed fund products. The firm advises over €550 million in assets and accompanies more than €801 million in non-listed assets through a team of 14 financial experts operating from its Paris headquarters at 161 Boulevard Haussmann.

The company's product stack centers on Luxembourg life insurance — Althos markets what it describes as the most comprehensive range on the French market, with access to 12 contracts leveraging the Luxembourg security triangle (asset segregation, super-privilege, unlimited deposit guarantee) — and on three Evergreen investment funds managed by portfolio manager Tygrow: Althos Private Equity (FPCI, launched July 2024), Althos Private Credit (FPS, launched February 2025), and Antheor Private Infrastructure (FPS, launched June 2025). A dedicated Dispositif 150-0 B Ter advisory service targets entrepreneurs reinvesting post-business-sale proceeds into eligible PE/PD funds. Distribution relies on dedicated advisors working alongside client-side notaries/lawyers/accountants, supplemented by a self-serve online investment simulator (24 questions) and an educational Academy.

Revenue is generated through advisory fees on assets under advisory defined upfront in a "mission letter," retrocessions (~0.95%) from partner asset managers on Part A shares of non-listed funds, and specific mission honoraries. The firm has partnerships with 10+ tier-one asset managers (Blackstone, Goldman Sachs AM, EQT, Partners Group, Brookfield, Ares, Hg, StepStone, LGT Capital Partners, Schroders Capital, Neuberger Berman, Eurazeo) and additional French reinvestment partners (Capza, Apax, Ardian, Andéra). The operating geography is Île-de-France / France. Note: a separate firmographic record refers to Althos as a 1994-founded publishing firm in Fuquay Varina, USA (1-10 employees) — this appears to be a different entity on the same domain and is not reflected in the detailed source data, which is uniformly about the Paris wealth management firm.

Name

Althos

Legal name

Althos

Website

https://althos.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

1–10 employees

Short description

Althos is a Paris-based, 100% employee-owned wealth management advisory firm serving French HNW individuals, entrepreneurs, and expatriates via Luxembourg life insurance (12 contracts) and three internal Evergreen private-market funds (PE, credit, infrastructure), managing over €550M in advised assets with a team of 14 financial experts.

Ownership category

akta.pro rank

Product category

Wealth Management

NAICS

Portfolio Management and Investment Advice (523940), Funds, Trusts, and Other Financial Vehicles (525)

SIC

Finance Services (6199)

akta.pro primary industry

Private Client/High-Net-Worth Advisory (FSAEAAAN)

akta.pro secondary industries

Private Banking & UHNW Wealth Advisory (FSAEABAC), Digital/Hybrid Private Wealth (Robo-Enabled HNW Service) (FSAAABAO), Specialized/Niche-Vertical RIAs (e.g., Medical, Tech, Executives, Athletes) (FSAAACAL)

Keywords

• Wealth management advisory
• Private equity funds
• Private credit funds
• Luxembourg life insurance
• Family office services

Headquarters

HQ city

Fuquay Varina

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Advisory Fees on Assets Under Advisory: Althos charges transparent advisory fees based on assets under advisory, clearly defined in a mission letter. The firm accesses institutional shares without retrocession to reduce costs and limit fee impact on portfolio performance.
2. Fund Distribution and Advisory Commissions: For non-listed investment funds (Private Equity, Private Credit, Infrastructure), Althos earns retrocession fees from partner asset managers. For Part A shares of funds, retrocession to Althos is 0.95%. Part F/FC shares reserved for Luxembourg contracts have no retrocession to Althos.
3. Specific Mission Honoraries: Additional fees for specific advisory missions, clearly defined alongside ongoing advisory fees.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Althos is an independent, employee-owned wealth management advisory firm based in Paris that provides personalized wealth structuring, Luxembourg life insurance contracts, and three Evergreen non-listed investment funds (Private Equity, Private Credit, and Infrastructure). The firm serves high-net-worth individuals, business owners, liberal professionals, executives, and expatriates with minimum investable assets of €100,000–€500,000, combining open-architecture advisory with access to institutional share classes.

Product overview

Althos is an independent wealth management firm based in Paris offering a multi-product platform centered on Luxembourg life insurance products and non-listed investment funds. The core offering includes three Evergreen funds managed by Tygrow: Althos Private Equity (private equity), Althos Private Credit (private debt), and Antheor Private Infrastructure (infrastructure), all accessible through Luxembourg insurance contracts or direct fund investment. Supplementary services include specialized reinvestment advisory for entrepreneurs under Article 150-0 B ter, an online investment simulator, Multi-Family Office services, and comprehensive wealth management. The company operates with 100% employee ownership and no retrocessions, providing access to institutional-quality investments typically reserved for large fortunes. Services require minimum investment thresholds of €500,000 for insurance products and €100,000 for fund products.

Differentiator

Problem solved

Functional benefit

Brands

• Althos Private Equity (APE): FPCI Evergreen fund providing diversified access to private equity, investing in secondary funds, co-investments, and primary funds managed by over 10 selected managers across hundreds of companies.
• Althos Private Credit (APC)
• Antheor Private Infrastructure (API)
• Dispositif 150-0 B Ter

Products and services

• Althos Private Equity (APE) A diversified FPCI (Fonds Professionnel de Capital Investissement) Evergreen fund managed by Tygrow, providing HNW investors access to private equity through a selection of over 10 fund managers and hundreds of underlying companies. Features quarterly liquidity windows (up to 5% of NAV per quarter) with a 99-year duration. Minimum investment €100,000.
• Althos Private Credit (APC) An FPS (Fonds Professionnel Spécialisé) Evergreen fund managed by Tygrow, offering diversified access to private debt including senior debt, mezzanine, and PIK instruments. Available in distributing (monthly income) and capitalizing share classes, with a recommended 5-year investment horizon and target returns of 6-8% annually. Minimum investment €100,000.
• Antheor Private Infrastructure (API) An FPS (Fonds Professionnel Spécialisé) Evergreen fund managed by Tygrow, providing diversified exposure to private infrastructure assets including digital, energy, and transport sectors. Targets European and US infrastructure with value-add and core strategies. Minimum investment €100,000.
• Dispositif 150-0 B Ter - Réinvestissement Apport-Cession Specialized reinvestment advisory service for entrepreneurs who have completed a share contribution-cessation transaction under Article 150-0 B ter of the French General Tax Code. Provides access to eligible non-listed investment funds (Private Equity, Private Debt) to maintain tax deferral benefits on capital gains.
• Luxembourg Life Insurance Luxembourg-domiciled life insurance and capitalization contracts offering access to the Luxembourg security triangle (asset segregation, unlimited deposit guarantee, super-privilege), diversified investment supports including FID, FAS, FIC, private equity, and multi-currency options. Access to 12 contracts with minimum investment starting at €500,000.
• Multi-Family Office Comprehensive wealth management service for wealthy families providing access to exclusive non-listed investments, real estate structuring, bespoke financing solutions, family governance, and international wealth planning. Targets clients with minimum €5,000,000 in investable assets.
• Wealth Management / Gestion de Fortune Full-service wealth management offering independent advisory with access to institutional-quality investments, real estate optimization, Lombard lending, family transmission planning, and international mobility support. 100% employee-owned with no retrocessions. Minimum threshold €500,000 in financial assets.

Quantifiable outcome

• 550+ million euros of advised assets managed
• +3 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

19 partnerships are on record, tiered core and minor.

• TygrowcoreTechnology or IntegrationAsset management company (société de gestion de portefeuille) approved by AMF (n° GP-20226) that manages Althos Private Equity (FPCI), Althos Private Credit (FPS), and Antheor Private Infrastructure (FPS) funds. Althos acts as financial investment advisor (CIF) for these funds.
• Oddo (Oddo BHF)coreTechnology or IntegrationDepositary bank for Althos funds (FPCI and FPS products), providing safekeeping of fund assets as required by French financial regulations.
• LGT Capital PartnerscoreStrategic or Co-development PartnerSwiss asset management firm specializing in alternative investments. Coller Capital, part of LGT group, is a pioneering UK-based secondary market specialist providing diversification to Althos Private Equity fund with 33B$ AUM and 15% net IRR track record.
• EQTcoreStrategic or Co-development PartnerSwedish asset manager founded in 1994 by the Wallenberg family, one of Europe's leading non-listed investment firms with 232B$ AUM. Provides primary investment access to Althos Private Equity fund with 21% net IRR track record, focusing on healthcare and technology sectors.
• HgcoreStrategic or Co-development PartnerUK-based software and infrastructure investor with 65B$ AUM and 250 employees. Historical track record with no sold company at loss and 33% gross average return. Provides software sector focus to Althos Private Equity fund.
• ArchimedcoreStrategic or Co-development PartnerFrench healthcare-focused asset manager with 7.5B$ AUM and 1,145 employees. Ranked 6th in HEC/Dow Jones Mid-Market funds ranking with 40% net IRR track record. Provides healthcare sector specialization to Althos Private Equity.
• StepStonecoreStrategic or Co-development PartnerGlobal private markets leader with 169B$ AUM and 570B$ under advisory. Major player in secondary market and co-investment providing complementary diversification and liquidity visibility to Althos funds.
• Ares ManagementcoreStrategic or Co-development PartnerUS asset manager, #2 in private debt globally with 644B$ AUM and 4,400 employees. Provides senior debt investment access to Althos Private Credit fund with 25+ years private debt experience and 370 dedicated team members.
• Goldman Sachs Asset ManagementcoreStrategic or Co-development PartnerGlobal alternative investments leader with 536B$ AUM (June 2025) and 1,050 employees. Ranked 4th globally in private debt (PDI 200 ranking) with 130B$ dedicated private debt AUM. Provides European-focused debt solutions to Althos Private Credit.
• BlackstonecoreStrategic or Co-development PartnerWorld #1 in non-listed assets and #3 in private debt with 1.3T$ AUM and 5,300 employees. Fastest-growing private debt activity. Provides large-cap debt solutions (EBITDA >100M€) to Althos Private Credit fund.
• Partners GroupcoreStrategic or Co-development PartnerEuropean private markets leader with 185B$ AUM across five asset classes. 140 infrastructure investments made with zero recorded losses. Provides European infrastructure expertise to Antheor Private Infrastructure fund with 13.5% net IRR.
• BrookfieldcoreStrategic or Co-development PartnerGlobal alternative asset manager providing infrastructure investment solutions through Antheor Private Infrastructure fund.
• Neuberger BermancoreStrategic or Co-development PartnerIndependent investment manager providing alternative investment solutions including private equity access to Althos funds.
• EurazeocoreStrategic or Co-development PartnerFrench investment company providing mid-market private equity and private debt solutions to Althos non-listed investment offerings.
• Schroders CapitalcoreStrategic or Co-development PartnerUK-based asset manager providing private capital solutions including infrastructure and private equity access through Althos funds.
• CapzaminorStrategic or Co-development PartnerFrench investment firm providing capital investment solutions eligible for 150-0 B ter reinvestissement (share sale reinvestment tax deferral scheme).
• ApaxminorStrategic or Co-development PartnerPrivate equity firm providing investment solutions eligible for 150-0 B ter reinvestissement tax deferral scheme.
• ArdianminorStrategic or Co-development PartnerFrench private investment company providing investment solutions eligible for 150-0 B ter reinvestissement tax deferral scheme.
• Andéra (Andera Partners)minorStrategic or Co-development PartnerFrench private equity firm providing investment solutions eligible for 150-0 B ter reinvestissement tax deferral scheme.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• 360° Family Office: French multi-family office serving UHNW families with comprehensive wealth structuring, comparable to Althos's Multi-Family Office service targeting clients with €5M+ in investable assets.
• Cyrus Conseil: Independent French wealth management advisory firm (cabinet de gestion de patrimoine) serving HNW clients with open-architecture solutions, similar employee-owned model and direct-comparable service offering to Althos.
• VEGA Investment Managers: French asset and wealth manager serving private and institutional clients, with multi-asset and private market capabilities overlapping Althos's open-architecture advisory and fund offerings.
• Montpensier Finance: Independent French investment management firm offering wealth solutions and tailored funds to private clients; comparable as a French mid-sized independent player with bespoke product capabilities.
• Herez: France-based independent wealth management advisor focused on HNW/UHNW clients, offering similar comprehensive wealth structuring, private market access and personalized advisory — closely comparable in size and positioning.

Broad incumbents

• Indosuez Wealth Management: Crédit Agricole CIB's wealth arm and one of Europe's largest dedicated wealth managers; overlaps with Althos in Luxembourg life insurance and HNW advisory, but at significantly greater scale and international footprint.
• BNP Paribas Wealth Management: One of Europe's largest private banking franchises; competes head-to-head with Althos in the French HNW entrepreneur and executive segments, with deep Luxembourg insurance and private market capabilities.
• Rothschild & Co Wealth Management: Global wealth and asset manager with a substantial French private wealth presence; competes for the same HNW/UHNW entrepreneur and executive segments but operates at much larger scale and broader geographies.
• Lazard Wealth Management: Global advisory and wealth management franchise serving UHNW clients; competes for French entrepreneur and family wealth business and offers similarly sophisticated open-architecture solutions.

Others

• Tygrow: AMF-licensed portfolio management company that manages all of Althos's proprietary Evergreen funds (APE, APC, API). Not a competitor but a key operational and strategic partner, making Tygrow's health material to Althos's product shelf.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/althos-inc

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Althos