Goldman Sachs Alternatives SICAV - (subfund) Private Markets ELTIF III

Goldman Sachs Alternatives SICAV - (subfund) Private Markets ELTIF III is a ELTIF launched by Goldman Sachs Asset Management in 2025 and domiciled in Luxembourg, where it operates as a SICAV sub-fund under the UCI Part II regime. The vehicle is structured under ELTIF 2.0, which allows it to be distributed on a pan-European basis to both professional and retail investors, and it is denominated in EUR with a minimum subscription of 1,000 EUR. That entry point, combined with the retail-eligible ELTIF wrapper, places the fund in the segment of the market designed for wealth channels rather than institutional-only access.

The strategy is multi asset, allocating across private markets asset classes rather than a single sleeve, and the fund is organised on a closed-end basis. Investors should read the liquidity profile accordingly: capital is committed for the life of the vehicle, with no standing redemption facility, and valuation is struck on a quarterly basis, which also sets the cadence for reporting and for any secondary transfer pricing. Fees follow the closed-end private markets convention, with a management fee of and performance participation of ; both are benchmarked on this page against the comparable cohort.

Within the Novantigo universe of 494 funds as of 31 Aug 2026, the fund is one of 62 vehicles classified as multi-asset, one of 347 domiciled in Luxembourg, and one of 33 that combine both characteristics. Reported assets under management stand at , with a period-on-period direction of , which can be compared against the same 33 fund cohort to gauge how far the vehicle has progressed through its fundraising cycle since inception.