NovantigoEvergreen Funds & ELTIF Database

ELTIF · Real Estate · Domiciled in Luxembourg

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

Managed by Greenman Investments, Ireland. Product design, fees, liquidity terms and AuM development, tracked monthly by Novantigo.

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494
Funds tracked
50
Data points per fund
44
Real Estate funds
Monthly
AuM updates

About this fund

Greenman Investments S.C.A., SICAV - (subfund) Greenman Open ELTIF is an open-ended real estate vehicle managed by Greenman Investments and domiciled in Luxembourg, where it is structured as a SICAV and authorised under the UCI Part II regime. It launched in 2024 as an ELTIF under the ELTIF 1.0 framework, is denominated in EUR, and is classified Article 9 under SFDR. The portfolio follows a core / core plus approach within real estate, and its current exposure by region is reported as .

Access and liquidity mechanics follow the evergreen format rather than a drawdown schedule: investors subscribe on a quarterly basis from a minimum ticket of 5,000 EUR, redemptions are also offered quarterly, and the net asset value used for both is struck quarterly. Dealing is therefore aligned to a single periodic cycle, which places subscription, redemption and valuation on the same cadence and limits intra-period entry or exit. The fund is distributed pan-European to professional investors, and its management fee is disclosed as , which can be read against the fee levels of comparable vehicles in the same segment.

Within the coverage universe of 494 vehicles, the fund is one of 44 in real estate and one of 347 domiciled in Luxembourg, narrowing to 31 that combine both. Reported assets stand at , with a recent direction of , providing a basis for comparison against that peer set. Data on this page is stated as of 31 Aug 2026.

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AuM history

13 readings on file

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Fees & costs

  • Entry fee
  • Redemption fee
  • Management fee (retail, low)
  • Management fee (retail, high)
  • Management fee (institutional, low)
  • Management fee (institutional, high)
  • Early-investor fee
  • Fee basis
  • Operating expenses
  • Distribution fee
  • Total cost ratio
  • Performance fee
  • Hurdle rate
  • High-water mark

Portfolio construction

  • Fund-of-funds share
  • Primaries share
  • Secondaries share
  • Directs share
  • Co-investments share
  • Liquidity pocket
  • Europe allocation
  • North America allocation
  • Asia-Pacific allocation
  • Latin America allocation
  • Rest-of-world allocation

Terms & scale

  • Latest AuM
  • Target size
  • Target IRR
  • Life span
  • Redemption gate
  • Lock-up penalty
  • Leverage limit
  • Leverage (AIFMD)
  • Share classes
  • Master-feeder setup

Key facts

Structure

Manager
Greenman Investments
Fund type
ELTIF
Legal structure
SICAV
Regulatory regime
UCI Part II
ELTIF version
ELTIF 1.0
Fund structure
Open-End
Inception
30 Aug 2024
Base currency
EUR

Strategy

Asset class
Real Estate
Strategy
Core / Core Plus
Geographic focus
Europe

Liquidity

Subscription frequency
Quarterly
Redemption frequency
Quarterly
NAV frequency
Quarterly

Access & distribution

Investor type
Professional
Distribution scope
Pan-European
Distribution countries
Germany, Ireland
Minimum investment
5,000 EUR
SFDR
Article 9
›Frequently asked questions
Who manages Greenman Investments S.C.A., SICAV - (subfund) Greenman Open ELTIF?
Greenman Investments S.C.A., SICAV - (subfund) Greenman Open ELTIF is managed by Greenman Investments, headquartered in Ireland.
What is the minimum investment for Greenman Investments S.C.A., SICAV - (subfund) Greenman Open ELTIF?
The minimum investment is 5,000 EUR. The binding terms are in the fund documents.
How often can investors redeem?
Redemptions are quarterly.
What is an ELTIF?
A European Long-Term Investment Fund is an EU vehicle that lets non-institutional investors access private market assets under the ELTIF regulation (this fund operates under ELTIF 1.0).

Sourced from prospectuses, KIDs, factsheets and regulatory registers. Data as of 31 Aug 2026.

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