Bpifrance Défense S.L.P

Bpifrance Défense S.L.P is an open-ended private equity vehicle managed by Bpifrance Investissement and domiciled in France, where it is constituted as a société de libre partenariat and authorised under the FPS regime. It is structured as an ELTIF under ELTIF 2.0, the framework that allows distribution to retail investors, and it launched in 2025 with EUR as its base currency. The mandate is multi-strategy within private equity, and the manager has disclosed as the intended geographic allocation. The fund is classified Article 8 under SFDR and carries a summary risk indicator of 6.

Dealing mechanics follow a quarterly subscription and quarterly redemption cycle, struck against a quarterly net asset value, so capital is committed and returned at the same cadence as valuation rather than on a daily basis. Entry is set at 500 EUR, which places the vehicle in the retail-accessible segment of the ELTIF market, and redemptions remain subject to the liquidity management tools and holding-period conditions set out in the fund documentation. Reported assets stand at against a stated target of , and the ongoing charges are disclosed as .

Within the Novantigo coverage 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 cohort against which its cost, scale and dealing terms are most directly comparable.