Greenman Investments S.C.A., SICAV - (subfund) Greenman Next ELTIF

Greenman Investments S.C.A., SICAV - (subfund) Greenman Next ELTIF is an open-ended ELTIF subfund managed by Greenman Investments, structured as a SICAV domiciled in Luxembourg and authorised under the UCI Part II regime. It launched in 2024 and is constituted under ELTIF 1.0, which frames its distribution to professional investors on a pan-European basis. The vehicle invests in real estate along a core / core plus strategy, denominated in EUR, with portfolio exposure spread across . It is classified Article 9 under SFDR, the category reserved for products with sustainable investment as their objective.

Dealing mechanics are aligned on a single cycle: subscriptions are accepted quarterly, redemptions are processed quarterly, and the net asset value is struck quarterly, so pricing and liquidity events coincide rather than requiring interim valuations. A hard lock-up applies to new money before redemption rights begin, which is the mechanism by which the open-ended wrapper is reconciled with the holding periods of the underlying real estate assets. The stated minimum commitment is 1,500 EUR EUR, a level that sits well below the entry points typical of closed-ended real estate partnerships, and management fees are charged at .

Within Novantigo's coverage of 494 vehicles as of 31 Aug 2026, it is one of 44 funds in real estate, one of 347 domiciled in Luxembourg, and one of 31 that combine both. Reported assets under management stand at , with a recent trajectory of ; both figures are benchmarked against that peer set on this page.