Non-ELTIF · Private Equity · Domiciled in France
BNP Avenir Entrepeneurs
Managed by BNP Paribas Asset Management, France. Product design, fees, liquidity terms and AuM development, tracked monthly by Novantigo.
About this fund
BNP Avenir Entrepeneurs is an open-ended private equity vehicle managed by BNP Paribas Asset Management and domiciled in France, where it is constituted as an FCP operating under the FCPR regime. Launched in 2021 and denominated in EUR, it follows a multi-strategy approach within private equity and is classified as Non-ELTIF, with N/A applicable on the ELTIF framework; distribution is accordingly domestic rather than cross-border, and the fund is open to both professional and retail-eligible subscribers meeting the entry threshold of 75,000 EUR. Portfolio assets currently stand at , having followed a path described by over the periods covered here.
Liquidity mechanics are built around a bi-monthly dealing cycle: subscriptions and redemptions are both accepted on a bi-monthly basis, priced off a bi-monthly net asset value, so entry and exit windows align with the valuation calendar rather than with underlying asset realisations. Exposure by region is set out in . The fund is categorised as Article 8 under SFDR and carries a summary risk indicator of 3.
Within the research universe of 494 vehicles as of 31 Aug 2026, the fund is one of 163 in private equity, one of 80 domiciled in France, and one of 32 that combine both characteristics, which is the comparison set most relevant when assessing its dealing frequency, minimum subscription and risk classification against peers.
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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
- BNP Paribas Asset Management
- Fund type
- Non-ELTIF
- ISIN
- FR0013473543
- Legal structure
- FCP
- Regulatory regime
- FCPR
- ELTIF version
- N/A
- Fund structure
- Open-End
- Inception
- 30 Apr 2021
- Base currency
- EUR
Strategy
- Asset class
- Private Equity
- Strategy
- Multi-Strategy
- Geographic focus
- Europe
Liquidity
- Subscription frequency
- Bi-monthly
- Redemption frequency
- Bi-monthly
- NAV frequency
- Bi-Monthly
Access & distribution
- Investor type
- Both
- Distribution scope
- Domestic
- Distribution countries
- France
- Minimum investment
- 75,000 EUR
- SFDR
- Article 8
- Risk indicator (SRI)
- 3 of 7
›Frequently asked questions
- Who manages BNP Avenir Entrepeneurs?
- BNP Avenir Entrepeneurs is managed by BNP Paribas Asset Management, headquartered in France.
- What is the minimum investment for BNP Avenir Entrepeneurs?
- The minimum investment is 75,000 EUR. The binding terms are in the fund documents.
- How often can investors redeem?
- Redemptions are bi-monthly.
- 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 30 Sep 2026.