Breega Europe Seed III

Breega Europe Seed III is a closed-end ELTIF managed by Breega Capital, domiciled in France and structured as a société de libre partenariat under the FPS regime. It invests in private equity through a venture strategy, and was launched in 2024 under the ELTIF 1.0 framework. The vehicle is denominated in EUR and is offered to professional investors on a domestic basis, with a minimum commitment of 200,000 EUR. It is classified as Article 8 under SFDR.

Because the fund is closed-end, capital is committed rather than subscribed on a dealing cycle, and there is no ongoing redemption mechanism: liquidity depends on realisations over the life of the partnership, with no published subscription, redemption or notice terms and no stated valuation frequency on this page. Investors should therefore treat the commitment as locked for the duration of the investment and divestment periods typical of early-stage venture programmes under ELTIF 1.0, which does not carry the redemption and distribution features introduced in the later ELTIF regime. Fund size is disclosed as , measured against a stated , which frames how far the programme has progressed through its fundraising.

Within a universe of 494 funds, the vehicle sits among 163 private equity funds and 80 funds domiciled in France, and more narrowly among the 32 funds that combine both. Portfolio exposure is reported as , which positions the fund relative to that same peer set on a geographic basis. All figures shown are as of 31 Aug 2026.