NovantigoEvergreen Funds & ELTIF Database

Non-ELTIF · Private Equity · Domiciled in Luxembourg

H.I.G. Total Access Middle Market

Managed by H.I.G Capital, US. Product design, fees, liquidity terms and AuM development, tracked monthly by Novantigo.

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About this fund

H.I.G. Total Access Middle Market is an open-ended evergreen vehicle managed by H.I.G Capital, structured as a SICAV domiciled in Luxembourg and authorised under the UCI Part II regime. It is classified as a Non-ELTIF product, so N/A applies, and it is distributed on a pan-European basis to both professional and eligible retail investors from its 2026 launch. The strategy is private equity, specifically buyout, with exposure sought across middle-market transactions and reported in USD.

Dealing mechanics follow the semi-liquid evergreen model: subscriptions are accepted monthly, redemptions are offered quarterly subject to a soft lock-up applying to each subscription, and the portfolio is valued monthly. Access begins at 25,000 USD, placing the vehicle within the wealth-channel segment of the market rather than the institutional commitment format. Fee terms comprise a management fee of and a performance fee of , both benchmarked against the 163 funds in the same asset class covered on this page.

For context, the fund sits among 347 vehicles domiciled in Luxembourg and 117 that combine that domicile with the same asset class, out of 494 funds tracked in total. It is classified as Article 6 under SFDR, meaning sustainability is not a stated element of the investment objective, and it carries a summary risk indicator of 6, consistent with the liquidity profile and the equity-level exposure described above.

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Fees and costs

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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
H.I.G Capital
Fund type
Non-ELTIF
ISIN
LU3317530502
Legal structure
SICAV
Regulatory regime
UCI Part II
ELTIF version
N/A
Fund structure
Open-End
Inception
24 Mar 2026
Base currency
USD

Strategy

Asset class
Private Equity
Strategy
Buyout
Geographic focus
Global

Liquidity

Subscription frequency
Monthly
Redemption frequency
Quarterly
Soft lock-up
24 months
NAV frequency
Monthly

Access & distribution

Investor type
Both
Distribution scope
Pan-European
Distribution countries
Canada, Jersey
Minimum investment
25,000 USD
SFDR
Article 6
Risk indicator (SRI)
6 of 7
›Frequently asked questions
Who manages H.I.G. Total Access Middle Market?
H.I.G. Total Access Middle Market is managed by H.I.G Capital, headquartered in US.
What is the minimum investment for H.I.G. Total Access Middle Market?
The minimum investment is 25,000 USD. The binding terms are in the fund documents.
How often can investors redeem?
Redemptions are quarterly.
What is an evergreen fund?
An evergreen fund is an open-ended private markets vehicle with no fixed end date: investors subscribe and redeem at recurring intervals instead of committing to a closed fund term.

Sourced from prospectuses, KIDs, factsheets and regulatory registers. Data as of the latest monthly update.

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