NB Alternative Funds SICAV S.A. - Liqid Infrastructure NXT

NB Alternative Funds SICAV S.A. - Liqid Infrastructure NXT is an open-ended ELTIF managed by Neuberger Berman and domiciled in Luxembourg, where it is organised as a SICAV under the UCI Part II regime and aligned with ELTIF 2.0. The vehicle began operating in 2025 and allocates to infrastructure through a multi-strategy approach, denominated in EUR. It is classified as Article 8 under SFDR, carries a summary risk indicator of 4, and is distributed on a pan-European basis to both professional and retail investors, with a minimum subscription of 10,000 EUR.

Liquidity follows the semi-liquid evergreen model now common among ELTIF structures: subscriptions are accepted on a monthly basis, while repurchases are offered quarterly and require 90 of advance notice, with an initial hard lock-up applying to new commitments before redemption rights become available. Investors should read the redemption mechanism as a managed, periodic window rather than continuous dealing, since repurchase capacity remains subject to the limits set out in the fund documentation and to the underlying portfolio's private-asset profile. Reported assets under management stand at , with a recent trajectory of .

Within the Novantigo coverage universe of 494 vehicles as of 31 Aug 2026, this is one of 73 funds in the infrastructure segment and one of 347 domiciled in Luxembourg, placing it in the overlapping set of 57 funds that share both characteristics. Against that peer group, the management fee of and the all-in cost ratio of are the figures most relevant to cost comparison, and both are benchmarked on this page alongside the same metrics for the funds listed above.