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.
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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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.