Claret European Growth Capital Fund IV-A, SCA ELTIF-RAIF

Claret European Growth Capital Fund IV-A, SCA ELTIF-RAIF is a closed-end vehicle managed by Claret Capital Partners and domiciled in Luxembourg, where it is constituted as an SCA and authorised as a ELTIF under the RAIF regime. It launched in 2025 and reports in EUR. The fund is structured under ELTIF 2.0, the revised framework that allows an ELTIF to be marketed to professional and retail investors without a separate entry threshold regime; distribution here is domestic rather than cross-border, so access runs through channels in the domicile market. Within the universe of 494 funds tracked on this page as of 31 Aug 2026, it sits among 347 Luxembourg-domiciled vehicles and 163 funds classified as private equity.

Because the vehicle is closed-end, capital is committed rather than traded: there is no standing subscription window after closing and no periodic redemption right, and investors should expect liquidity to arrive through realisations over the life of the fund rather than through dealing. That structure is consistent with the venture strategy, which funds growth-stage companies whose exit timing is not scheduled. The manager has indicated a for the vehicle, against reported assets of , which positions the fund relative to the 117 Luxembourg private equity funds it is benchmarked against here.

Portfolio exposure is reported on a basis, reflecting the European focus implied by the fund's mandate. Several standard retail-facing disclosures — including minimum investment, NAV publication frequency, SFDR classification and the summary risk indicator — are not currently populated in this record, so prospective investors should refer to the offering documents and the PRIIPs KID for those terms.