HSBC Horizon Private Equity Sub-Fund

HSBC Horizon Private Equity Sub-Fund is an open-ended private markets vehicle managed by HSBC AM and domiciled in Luxembourg, where it is structured as a SICAV operating under the UCI Part II framework. It is classified as a Non-ELTIF vehicle, with N/A recorded for ELTIF versioning, and it is positioned in the private equity segment with a multi-strategy approach. The fund launched in 2025 and reports in USD. It is one of 163 private equity funds and one of 347 Luxembourg-domiciled funds in a database of 494 vehicles, and one of 117 that combine both characteristics, as of 31 Aug 2026.

Access and liquidity mechanics follow the evergreen semi-liquid template now common among its peers. The entry point is set at 25,000 USD, dealing is available on a monthly basis for subscriptions and a quarterly basis for repurchases, and net asset value is struck monthly. Redemption requests are subject to a notice period of 95 days, and early redemptions are additionally governed by hard and soft lock-up provisions running from the point of subscription, so investors should model a meaningful lag between a decision to exit and settlement. The vehicle is marketed on a pan-European basis to both professional and eligible retail investors, and it is classified as Article 6 under SFDR, meaning no sustainability promotion or objective is claimed.

Economics comprise a management fee of and a performance fee of , which can be read against the fee ranges of the 117 comparable Luxembourg private equity funds tracked here. Current assets under management stand at , and the manager indicates a return objective of over the life of the programme; both figures are benchmarked against the same peer set on this page.