Carmignac S.A. SICAV- Part II UCI - (subfund) ELTIF Evergreen

Carmignac S.A. SICAV- Part II UCI - (subfund) ELTIF Evergreen is an open-ended ELTIF managed by Carmignac Gestion, structured as a SICAV domiciled in Luxembourg and authorised under the UCI Part II framework. The vehicle launched in 2025 and is constituted under the ELTIF 2.0 regime, which allows it to be distributed on a pan-European basis to both professional and retail investors. It invests in private equity through a multi-strategy approach and reports in EUR, with capital deployed across regions in a breakdown that is tracked alongside the rest of the peer set.

Liquidity is semi-liquid rather than closed-ended: subscriptions are accepted on a monthly basis against a monthly net asset value, while redemptions are processed quarterly, so the dealing calendar is deliberately asymmetric and investors should expect a gap between the pricing point and the next available exit window. Redemption capacity remains subject to the gating and liquidity-management tools standard for evergreen ELTIFs, and the fund carries a summary risk indicator of 6. It is classified Article 8 under SFDR.

Within the Novantigo universe of 494 vehicles as of 31 Aug 2026, this is one of 163 private equity funds and one of 347 funds domiciled in Luxembourg, narrowing to 117 that combine both characteristics. Against that comparison group, its management fee and total cost ratio are benchmarked on the fee page, as is reported assets under management of for a vehicle still in its first periods of operation.