ELTIF · Private Equity · Domiciled in Luxembourg
Azimut ELTIF - (subfund) Private Equity Highpost
Managed by Azimut Investments S.A., Italy. Product design, fees, liquidity terms and AuM development, tracked monthly by Novantigo.
About this fund
Azimut ELTIF - (subfund) Private Equity Highpost is a buyout strategy within the private equity segment, managed by Azimut Investments S.A. and domiciled in Luxembourg. The vehicle is set up as an ELTIF authorised under the UCI Part II regime and corresponds to the ELTIF 1.0 framework, taking the legal form of an FCP. It has been operating since 2021, reports in USD, and is accessible to retail investors from a minimum commitment of 10,000 USD, with distribution limited to its domestic market.
The structure is closed-end, so there is no standing redemption facility: investor capital remains committed for the life of the fund and is returned through the realisation of underlying buyout holdings rather than through periodic dealing. Valuation is therefore the main reference point between entry and exit, and net asset value is struck semi-annually. The fund carries a summary risk indicator of 6 and is categorised as Article 6 under SFDR, meaning sustainability characteristics are not promoted as part of the mandate. Reported assets stand at against a stated target size of , which frames how much of the programme remains to be deployed.
On the Novantigo page it sits among 163 private equity funds and 347 vehicles domiciled in Luxembourg, with 117 funds matching both, out of 494 covered in total. Against that set, the management fee of and the total cost ratio of are benchmarked directly, which is the more relevant comparison for a closed-end retail ELTIF where costs accrue over a fixed holding period rather than being offset by exit flexibility. Figures are as of 31 Aug 2026.
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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
- Azimut Investments S.A.
- Fund type
- ELTIF
- ISIN
- LU2387319689
- Legal structure
- FCP
- Regulatory regime
- UCI Part II
- ELTIF version
- ELTIF 1.0
- Fund structure
- Closed-End
- Inception
- 18 Oct 2021
- Base currency
- USD
Strategy
- Asset class
- Private Equity
- Strategy
- Buyout
- Geographic focus
- Global
Liquidity
- NAV frequency
- Semi-annually
Access & distribution
- Investor type
- Retail
- Distribution scope
- Domestic
- Distribution countries
- Italy
- Minimum investment
- 10,000 USD
- SFDR
- Article 6
- Risk indicator (SRI)
- 6 of 7
›Frequently asked questions
- Who manages Azimut ELTIF - (subfund) Private Equity Highpost?
- Azimut ELTIF - (subfund) Private Equity Highpost is managed by Azimut Investments S.A., headquartered in Italy.
- What is the minimum investment for Azimut ELTIF - (subfund) Private Equity Highpost?
- The minimum investment is 10,000 USD. The binding terms are in the fund documents.
- What is an ELTIF?
- A European Long-Term Investment Fund is an EU vehicle that lets non-institutional investors access private market assets under the ELTIF regulation (this fund operates under ELTIF 1.0).
Sourced from prospectuses, KIDs, factsheets and regulatory registers. Data as of 30 Sep 2026.