Erste Private Markets Evergreen ELTIF

Erste Private Markets Evergreen ELTIF is an open-ended ELTIF managed by Erste and domiciled in Luxembourg, one of 347 vehicles from that jurisdiction among the 494 funds covered on this page. It is set up as a SICAV under the UCI Part II regime and follows the ELTIF 2.0 rulebook, which allows pan-European distribution to both professional and retail investors from its 2026 launch. The base currency is EUR, the portfolio is reported under SFDR as Article 8, and the summary risk indicator is 4 on the standard scale.

Dealing mechanics follow the semi-liquid evergreen model rather than a drawdown structure: capital is invested in full at entry from a minimum of 10,000 EUR, subscriptions are accepted monthly and redemptions are processed quarterly, subject to a notice period of 67 before each dealing date and to the redemption gating provided for in the fund documentation. Valuation is struck monthly, so the pricing cycle is more frequent than the exit cycle, and investors should plan around the combined effect of the notice period and the initial holding restriction that applies after subscription.

Within the Novantigo universe the fund is one of 62 multi-asset vehicles and one of 33 that combine that asset class with Luxembourg domicile, which is the relevant comparison set for its multi asset mandate. Portfolio construction spans several private markets segments, with the breakdown by segment shown as and the regional exposure as . Costs are benchmarked against the same peer groups, with a management fee of and an all-in figure of as disclosed by the manager.