Non-ELTIF · Private Equity · Domiciled in Luxembourg
ACP Permanent Private Assets PE
Managed by Altamar Private Equity, Austria. Product design, fees, liquidity terms and AuM development, tracked monthly by Novantigo.
About this fund
ACP Permanent Private Assets PE is an open-ended private markets vehicle managed by Altamar Private Equity, launched in 2026 and structured as a SICAV domiciled in Luxembourg under the UCI Part II regime. It is classified as a Non-ELTIF vehicle, with N/A recorded for the ELTIF framework, and is distributed on a pan-European basis in EUR. The UCI Part II route places it alongside the broader set of 347 Luxembourg-domiciled vehicles tracked here, rather than within the ELTIF labelling regime that governs much of the current retail-oriented cohort.
The strategy is private equity with a buyout focus, making it one of 163 private equity funds and one of 117 funds combining that asset class with a Luxembourg domicile, out of 494 vehicles covered in total. Its permanent, open-ended design means capital is held in an evergreen pool rather than drawn and returned across a fixed term, so exposure is built through ongoing deployment and reinvestment of realisations instead of a traditional commitment-and-distribution cycle. Underlying portfolio exposure by region is recorded as and can be compared against the 117 funds in the same asset class and domicile grouping.
Dealing terms are central to how an evergreen buyout vehicle functions, since subscriptions, redemption windows, notice requirements and valuation frequency determine the pace at which investors can enter and exit a portfolio of illiquid holdings; those parameters are not currently populated in this record and should be confirmed from the offering documents before any assessment of liquidity profile. Sustainability classification and the packaged-product risk indicator are likewise not recorded here.
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Fees & costs
- Entry fee
- Redemption fee
- Management fee (retail, low)
- Management fee (retail, high)
- Management fee (institutional, low)
- Management fee (institutional, high)
- Early-investor fee
- Fee basis
- Operating expenses
- Distribution fee
- Total cost ratio
- Performance fee
- Hurdle rate
- High-water mark
Portfolio construction
- Fund-of-funds share
- Primaries share
- Secondaries share
- Directs share
- Co-investments share
- Liquidity pocket
- Europe allocation
- North America allocation
- Asia-Pacific allocation
- Latin America allocation
- Rest-of-world allocation
Terms & scale
- Latest AuM
- Target size
- Target IRR
- Life span
- Redemption gate
- Lock-up penalty
- Leverage limit
- Leverage (AIFMD)
- Share classes
- Master-feeder setup
Key facts
Structure
- Manager
- Altamar Private Equity
- Fund type
- Non-ELTIF
- Legal structure
- SICAV
- Regulatory regime
- UCI Part II
- ELTIF version
- N/A
- Fund structure
- Open-End
- Inception
- 19 Mar 2026
- Base currency
- EUR
Strategy
- Asset class
- Private Equity
- Strategy
- Buyout
- Geographic focus
- Europe
Access & distribution
- Distribution scope
- Pan-European
›Frequently asked questions
- Who manages ACP Permanent Private Assets PE?
- ACP Permanent Private Assets PE is managed by Altamar Private Equity, headquartered in Austria.
- What is an evergreen fund?
- An evergreen fund is an open-ended private markets vehicle with no fixed end date: investors subscribe and redeem at recurring intervals instead of committing to a closed fund term.
Sourced from prospectuses, KIDs, factsheets and regulatory registers. Data as of the latest monthly update.