Altaroc
Altaroc Partners SA is a Paris-based private equity management company (founded 2021) that structures and distributes fund-of-funds and evergreen PE products to European private investors via wealth advisors, private banks, and family offices, having raised approximately 2 billion EUR since 2022.
- Company typePrivate
- Founded2021
- HeadquartersParis, France
- Headcount51–100
- GTM typeB2B and B2C
- OfferingServices
What Altaroc does
Altaroc Partners SA is a French private equity management company founded in 2021 and headquartered in Paris (16th arrondissement), with a secondary operational footprint in Luxembourg for RAIF fund administration. The firm structures and distributes fund-of-funds private equity products that give private investors access to institutional-grade PE managers, allocating approximately 80% of capital to selected first-quartile international funds and 20% to co-investments alongside those managers. Since inception, Altaroc has raised approximately 2 billion EUR across its product suite and serves more than 7,500 private investors across 9 European countries.
The product portfolio is organized into three primary lines: (i) Odyssey — an annual vintage collection of French SLP funds (2026 target 350 million EUR, 10-year duration, minimum 100,000 EUR subscription) and Luxembourg RAIF variants (Horizon 2026 target 50 million EUR, Article 8 SFDR); (ii) Discovery FCPR — an evergreen French FCPR optimized for life insurance (assurance-vie) and PER retirement wrappers with regulated liquidity; and (iii) Global Evergreen — a 100% PE evergreen vehicle with continuous subscription. Underlying investments span buyout and growth equity across Europe and North America, with sector tilts toward technology/software and healthcare, sourced from tier-1 managers including Apax, Hg, Bridgepoint, GTCR, Main Capital, CVC, K1, and Thoma Bravo.
The business model is asset-management-based, generating recurring revenue through tiered annual management fees (1.5%–2.5% of committed capital) and 20% carried interest on the co-investment sleeve only. Distribution follows a B2B2C model via wealth management advisors (CGP/CFP), private banking networks, and family offices, supplemented by a fully digital direct subscription channel (investors.altaroc.pe) and a partner portal (apps.altaroc.pe) handling KYC/AML, capital calls, distributions, and quarterly financial + annual ESG reporting. Marketing is content-led, anchored by a media partnership with BFM Business and an in-house video/educational library.
Altaroc firmographics
Firmographics- Name
- Altaroc
- Legal name
- Altaroc Partners SA
- Website
- https://altaroc.pe
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Altaroc Partners SA is a Paris-based private equity management company (founded 2021) that structures and distributes fund-of-funds and evergreen PE products to European private investors via wealth advisors, private banks, and family offices, having raised approximately 2 billion EUR since 2022.
- Ownership category
- akta.pro rank
Altaroc industry classification
Industry- Product category
- Private Equity Fund Management
- NAICS
- Portfolio Management and Investment Advice (523940)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Endowment / OCIO-Style Multi-Manager Platforms (FSANAGAG)
- akta.pro secondary industries
- Family Office Advisory & Outsourced CIO (OCIO) (FSAAADAC), Institutional Consulting RIAs (OCIO/Endowments/Foundations/Pensions) (FSAAACAG)
Keywords
Where Altaroc is headquartered
LocationHeadquarters
- HQ city
- Paris
- HQ country
- France
- HQ region
- Europe
Offices2 records
Markets served
Altaroc business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Others
Revenue model
- Management fees: Altaroc earns annual management fees on assets under management, charged as a percentage of committed capital. Fee scales are tiered based on subscribed amount, ranging from 2.5% to 1.5% per annum for Odyssey products, and 2.5% to 1.65% for Horizon products.
- Performance fees (carried interest): 20% carried interest charged exclusively on co-investment returns, aligning Altaroc's interest with investors on direct deal participation.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Odyssey 2026 SLP - management fees 2.5% to 1.5% per year |
| Subscription | Annual | Horizon 2026 RAIF - management fees 2.5% to 1.65% per year |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels6 records
Altaroc product offering
Product offeringCore offering
Altaroc is a French private equity management company that structures, distributes, and manages private equity fund products (vintage-dated SLP/RAIF/FCPR structures and evergreen vehicles) for private investors and wealth professionals. It selects top-tier institutional PE managers (first quartile), allocates capital to underlying funds and co-investments, and delivers a fully digital subscription, capital call, reporting, and ESG platform.
Product overview
Altaroc is a Private Equity management company offering a suite of investment products designed for wealth management professionals, private bankers, and family offices. The product portfolio centers on fund-of-funds structures providing access to institutional-grade private equity through three main product lines: Discovery (an evergreen FCPR for life insurance and PER vehicles), Odyssey (vintage-dated SLP and RAIF funds with 80% fund allocation and 20% co-investment strategy), and a Re-Up Programme for sequential vintage investing. Products are differentiated by legal structure (French SLP, Luxembourg RAIF, FCPR), minimum subscription amounts (€100,000-€200,000), target return profiles, and geographic focus on Europe and North America with emphasis on technology/software and healthcare sectors.
Differentiator
Problem solved
Functional benefit
Brands
- Discovery: FCPR fund optimized for life insurance and PER with managed liquidity, flexible subscription, and immediate capital calls.
- Altaroc Global Evergreen
- Odyssey
- Odyssey - Horizon
- Re-Up
- Altalife
Products and services
- Discovery FCPR
Quantifiable outcome
- Target IRR of 13% per annum before taxes for Odyssey 2026
- +2 more outcomes
Companies that use Altaroc
Customer profileSegments4 records
Ideal customer profiles3 records
Altaroc technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Altaroc partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core.
- Main Capital PartnerscoreMain Capital Partners is a European software-focused PE firm selected for the Odyssey and Horizon 2026 master fund. Altaroc invests in Main Capital IX and Main Foundation III, providing exposure to European mid-market software and technology companies. Main Capital was founded in 2003, manages 4 billion EUR across 5 offices with 64 team members.
- Hg CapitalcoreHg Capital is a leading European and transatlantic software and technology investor selected for the Odyssey/Horizon 2026 portfolio. Altaroc invests in Hg Genesis XI and related vehicles. Hg was founded in 1990, manages 75 billion USD across 3 offices with 380+ team members, targeting software and technology businesses.
- Apax PartnerscoreApax Partners is a global PE firm selected for the Odyssey/Horizon 2026 master fund. Altaroc invests in Apax XII, targeting mid and large cap buyout opportunities. Founded in 1972, Apax operates 7 offices globally, manages 80 billion USD, and has a team of 350+ people focused on technology, healthcare, and services.
- BridgepointcoreBridgepoint is a leading European PE firm selected for the Odyssey/Horizon 2026 portfolio, investing in Bridgepoint Europe VIII and related vehicles. Founded in 1984, Bridgepoint operates 10 offices, manages 41 billion EUR, with 560+ team members, focused on buyout and growth strategies across Europe and globally.
- GTCRcoreGTCR is a leading US-based PE firm selected for the Odyssey/Horizon 2026 master fund. Altaroc invests in GTCR Fund XV, targeting growth and buyout opportunities primarily in North America. Founded in 1980, GTCR manages 50 billion USD, operates 3 offices, with a team of 200 professionals.
Scale indicators8 records
Recent moves6 records
Expansion highlights6 records
Altaroc competitors and assessment
Company assessmentDirect peers
- Moonfare: Moonfare is a European digital platform offering HNWI access to top-tier private equity fund-of-funds and co-investments, with minimums starting around EUR 100k. It is the closest direct competitor to Altaroc in business model, target customer (wealthy European private investors and advisors), and product structure.
- iCapital Network: iCapital is a leading global platform providing wealth advisors and their HNW clients with access to alternative investments including private equity fund-of-funds. Highly comparable to Altaroc in fund-of-funds curation, advisor-led distribution model, and digital subscription infrastructure.
- Anaxago: Anaxago is a French regulated platform offering private investors access to private equity, real estate, and growth investments, often via FCPR structures. Comparable to Altaroc in the French HNWI digital PE distribution niche, though with more direct-deal emphasis.
Broad incumbents
- Carmignac: Carmignac is a French-founded European asset manager (EUR 40B+ AUM) with a private equity offering for private wealth clients. Comparable as a broad incumbent with European distribution muscle and growing private markets product lines serving HNWIs through advisor channels.
- Ardian: Ardian is one of Europe's largest private investment houses with EUR 150B+ AUM across PE, infrastructure, and private debt. Comparable as a broad incumbent French-headquartered multi-strategy platform offering both institutional and private wealth access to alternatives.
- Blackstone Private Wealth: Blackstone's private wealth division offers interval funds, drawdown funds, and private equity multi-manager solutions to US/global HNWIs and advisors. Comparable as a broad incumbent building dedicated HNWI/private wealth PE distribution at scale, though with broader product breadth than Altaroc.
- Eurazeo: Eurazeo is a major French-listed private equity and private debt firm (EUR 30B+ AUM) with a dedicated private wealth distribution arm serving European HNWIs through wealth advisors. Overlaps with Altaroc on the French private wealth PE shelf but at much larger scale and as a direct deal-maker rather than fund-of-funds.
- Tikehau Capital: Tikehau Capital is a French-listed alternative asset manager (EUR 50B+ AUM) offering private equity, private debt, and real assets to institutional and private investors. Comparable as a broad French incumbent with private wealth PE product lines targeting HNWIs and family offices.
Emerging players
- YieldStreet: YieldStreet is a US-based digital platform democratizing access to alternative investments including PE, debt, and structured products for HNWIs. Comparable as an emerging player building digital infrastructure for private investor access to alternatives, though US-centric versus Altaroc's European focus.
- ClubFunding: ClubFunding is a French regulated crowdfunding/private investment platform offering private investors access to PE, real estate, and corporate bonds via FCPR vehicles. Comparable as an emerging French player serving the same HNWI/digitally-distributed PE niche but with a more diversified asset mix.
Market position
Strengths1 record
Weaknesses1 record
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Altaroc social profiles
Digital presenceAltaroc compliance and trust
Trust signalCompliance2 records
Altaroc financial estimates
Financial estimateRevenue estimate
Valuation estimate
Altaroc leadership team
Management profileNumber of profiles
Profiles1 record
Altaroc funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Altaroc M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Altaroc
What does Altaroc do?
Altaroc is a French private equity management company that structures, distributes, and manages private equity fund products (vintage-dated SLP/RAIF/FCPR structures and evergreen vehicles) for private investors and wealth professionals. It selects top-tier institutional PE managers (first quartile), allocates capital to underlying funds and co-investments, and delivers a fully digital subscription, capital call, reporting, and ESG platform.
Is Altaroc a public or private company?
Altaroc is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Altaroc founded?
Altaroc was founded in 2021. It employs 51 to 100 people.
Where is Altaroc based?
Altaroc is headquartered in Paris, France, in the Europe region.
How does Altaroc make money?
Two revenue lines are on record. Management fees are the primary driver. The others are performance fees (carried interest).
Who are Altaroc's main competitors?
Direct peers on record are Moonfare, iCapital Network and Anaxago. Broad incumbents are Carmignac, Ardian, Blackstone Private Wealth, Eurazeo and Tikehau Capital. Emerging players are YieldStreet and ClubFunding.
Does Altaroc have an API?
No public API is recorded for Altaroc.
What industry is Altaroc in?
Altaroc's product category is Private Equity Fund Management. Its primary akta.pro industry code is FSANAGAG, Endowment / OCIO-Style Multi-Manager Platforms, with a secondary code of FSAAADAC, Family Office Advisory & Outsourced CIO (OCIO). Its NAICS code is 523940 and its SIC code is 6282.