NovantigoEvergreen Funds & ELTIF Database

LTAF · Multi-Asset · Domiciled in United Kingdom

Legal & General Private Markets LTAF

Managed by L&G Asset Management, UK. Product design, fees, liquidity terms and AuM development, tracked monthly by Novantigo.

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About this fund

Legal & General Private Markets LTAF is an open-ended LTAF managed by L&G Asset Management and domiciled in United Kingdom, launched in 2024 and denominated in GBP. The vehicle is constituted as an authorised contractual scheme and operates under the LTAF regime, which is designed to hold illiquid private assets inside a permanently open structure rather than a fixed-life drawdown fund; the N/A entry for the European long-term fund framework reflects that the vehicle is authorised domestically rather than under the EU regime. Units are offered to professional investors on a domestic distribution basis.

Because the fund is evergreen, capital is deployed from a continuing pool rather than through capital calls against commitments, and investor access is governed by the dealing and notice mechanics set out in the scheme documents, which under the LTAF framework are calibrated to the liquidity profile of the underlying holdings. The multi asset mandate spreads exposure across private market segments inside a single multi-asset wrapper, so allocation shifts occur within the fund rather than requiring the investor to size separate line items.

Within the Novantigo coverage universe of 494 vehicles as of 31 Aug 2026, it is one of 62 funds in the multi-asset category, one of 31 domiciled in United Kingdom, and one of 13 that combine both. Reported assets stand at , with the recent direction of fund size shown by ; both figures are benchmarked against the same peer sets.

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AuM history

13 readings on file

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Fees and costs

12 fee fields tracked

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Peer comparison

61 comparable funds in the database

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Market analytics

League tables, AuM development and exports across 494 funds

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Inside every full profile35 locked fields

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
L&G Asset Management
Fund type
LTAF
ISIN
GB00BS44SF45
Legal structure
ACS
Regulatory regime
LTAF
ELTIF version
N/A
Fund structure
Open-End
Inception
15 May 2024
Base currency
GBP

Strategy

Asset class
Multi-Asset
Strategy
Multi Asset
Geographic focus
Global

Access & distribution

Investor type
Professional
Distribution scope
Domestic
Distribution countries
United Kingdom
›Frequently asked questions
Who manages Legal & General Private Markets LTAF?
Legal & General Private Markets LTAF is managed by L&G Asset Management, headquartered in UK.
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 31 Aug 2026.

Similar funds: CG Apollo Private Markets LTAF · CG Multi-Alternatives Growth LTAF · CG SEI Global Investment LTAF