Azimut ELTIF - (subfund) Venture Capital Alicrowd

Azimut ELTIF - (subfund) Venture Capital Alicrowd is a closed-end ELTIF managed by Azimut Investments S.A. and domiciled in Luxembourg, where it is constituted as a fonds commun de placement and authorised under the UCI Part II regime. The vehicle was launched in 2021 under the ELTIF 1.0 framework, which governs its eligibility rules and its retail distribution, and it reports in EUR. It is classified as Article 6 under SFDR, with no sustainability objective disclosed as part of the investment process, and carries a summary risk indicator of 6.

The strategy is venture within private equity, accessed through a closed-end structure rather than an open-ended one: capital is committed for the life of the fund, there is no standing redemption facility, and liquidity before term depends on distributions from portfolio realisations. Valuation is struck semi-annually, so reported performance updates infrequently relative to listed exposures, and investors should expect the J-curve and dispersion typical of early-stage portfolios. The minimum subscription is 10,000 EUR, positioning the fund for retail-eligible allocations within a domestic distribution footprint. Fund assets stood at against a target size of as at 31 Aug 2026, with a management fee of and a total cost ratio of .

Within Novantigo's coverage of 494 vehicles, this is one of 163 funds in private equity and one of 347 domiciled in Luxembourg, narrowing to 117 that combine both, which is the group against which its fee level, cost ratio and scale are benchmarked on this page.