Azimut ELTIF - (subfund) Private Equity Demos 2.0

Azimut ELTIF - (subfund) Private Equity Demos 2.0 is a buyout vehicle managed by Azimut Investments S.A. and domiciled in Luxembourg, where it is authorised under the UCI Part II regime and structured as an ELTIF aligned with the ELTIF 2.0 framework. The subfund is set up as a closed-end common fund denominated in EUR and launched in 2025, placing it among the more recent additions to a universe of 494 vehicles tracked on this page as of 31 Aug 2026. Within that universe it is one of 163 private equity strategies, one of 347 funds domiciled in Luxembourg, and one of 117 that combine both characteristics.

Mechanically, the fund follows a drawdown-style closed-end design rather than an open-ended dealing cycle: capital is committed for the life of the vehicle, and no standing redemption facility or notice period is published, so liquidity before term depends on the distribution of realisations from underlying buyout investments. Valuation is struck on a semi-annually basis, which sets the reporting cadence investors should expect between capital events. The entry threshold of 1,000 EUR reflects the retail-eligible design introduced under ELTIF 2.0, and the fund is marketed to both professional and non-professional investors on a domestic basis. It is classified Article 6 under SFDR, meaning sustainability characteristics are not promoted as part of the mandate, and it carries a summary risk indicator of 6.

Economics are disclosed as a management fee of alongside a performance fee of , with an all-in cost figure of that can be read against the cost data held for the 117 comparable private equity funds in Luxembourg. Fundraising is referenced to a target size of , which provides context for the scale at which the buyout portfolio is intended to be built relative to the wider 163-fund asset class cohort.