French-Swiss manager wants to democratize private equity in the Benelux.
The French-Swiss private equity manager Altaroc has launched in the Benelux. The company announced this today. Altaroc provides direct access to a portfolio of leading international private equity funds.
After opening its office in Switzerland in January 2024, the company will now further develop in Belgium, the Netherlands and Luxembourg. It thus consolidates Altaroc's international strategy as an important European player in the democratization of private equity.
Altaroc was founded in 1972 and is one of the oldest European private equity managers. Altaroc makes the world's best private equity funds accessible to sophisticated investors by giving them access to a ready-made portfolio of vintage funds. With more than 1.2 billion capital raised from 7,000 private investors in two years, Altaroc is already one of Europe's leaders in the democratization of private equity.
This asset class, until now reserved for large institutional investors and the most wealthy families, is available to discerning private investors through Altaroc's technology platform. The minimum investment is 100,000 euros, regularly withdrawn and with a fixed amount over five years, i.e. 20,000 euros per year.
By expanding its activities to Belgium, the Netherlands and Luxembourg, Altaroc gives private banks, independent asset managers, family offices and pension funds access to this new asset class and diversifies their clients' investments, both geographically (approximately 45 percent of the funds are invested in North America, 45 percent in Europe and 10 percent in Asia and the rest of the world) as well as sectorally, with priority given to investments in software, healthcare and business services. These are sectors that are both fast growing and resilient.
“I am pleased to be part of Altaroc's ambitious project to democratize private equity and to further develop in the Benelux the work already done by the management company's teams in France and Switzerland,” said Thibault Delbarge , the new head of Benelux at Altaroc. “The strategic vision of Frédéric and Maurice, two seasoned institutional private equity veterans, really appealed to me, in a part of the world that still has a lot of growth potential.”
