HEP Umbrella Fonds - (subfund) HEP Solar Invest ELTIF

HEP Umbrella Fonds - (subfund) HEP Solar Invest ELTIF is an open-ended ELTIF managed by Hep Solar and domiciled in Luxembourg, where it is constituted as a fund common contractual vehicle under the UCI Part II regime and authorised under the ELTIF 2.0 framework. The subfund launched in 2025 and invests in infrastructure assets along an opportunistic strategy, denominated in EUR and classified as Article 9 under SFDR, with a summary risk indicator of 3. It is one of 73 infrastructure vehicles and one of 57 infrastructure funds domiciled in Luxembourg within a tracked universe of 494 funds as of 30 Jun 2026; Luxembourg accounts for 347 of that universe. Reported assets stand at .

The liquidity mechanics are asymmetric by design. Subscriptions are accepted on a daily basis against a daily net asset value, while redemptions are processed only quarterly and require notice of 360 days, following an initial hard lock-up. In practice this means capital can enter the vehicle at short intervals but exits must be planned well in advance, which is the mechanism by which the manager matches an evergreen share class to the holding periods of underlying infrastructure assets. The minimum commitment is 100,000 EUR, and the fund is distributed on a pan-European basis to both professional and retail-eligible investors under the ELTIF passport.

Economics combine an ongoing charge of with a carry on realised gains, against a stated return objective of ; each of these can be compared with the 57 Luxembourg-domiciled infrastructure peers on this page. Prospective investors should read the figures alongside the fund's opportunistic mandate, which implies a wider dispersion of outcomes than core infrastructure allocations, and alongside the quarterly redemption cycle when assessing how the vehicle fits a broader portfolio.