Evergreen Funds & ELTIF DatabaseNon-ELTIF · Multi-Asset · Domiciled in United Kingdom
Partners Group Generations Fund
Managed by Partners Group, Switzerland. Product design, fees, liquidity terms and AuM development, tracked monthly by Novantigo.
About this fund
Partners Group Generations Fund is an open-ended vehicle managed by Partners Group, domiciled in United Kingdom and structured as an ICVC/OEIC operating under the NURS regime. It is a Non-ELTIF product, so the N/A designation applies, and it has been in operation since 2016. The fund is denominated in GBP, pursues a multi asset approach within the multi-asset segment, and is marketed domestically to both retail and professional investors, classified as Article Article 8 under SFDR with a risk indicator of 4.
Dealing mechanics combine a daily valuation cycle with daily subscriptions and monthly redemptions, with an initial hard lock-up applying after investment. Subscriptions start from 1 GBP, which places the vehicle within the wrapper-accessible end of the private markets universe rather than the institutional-minimum end. The mismatch between daily inflows and monthly exits is the central liquidity feature to assess: the manager controls the pace at which capital leaves through the redemption window rather than through a stated notice period.
Within the Novantigo coverage of 494 vehicles, it is one of 62 funds in its asset class, one of 31 domiciled in the same jurisdiction, and one of only 13 that combine both. Against that peer set, reported assets of and a size trajectory of are available for comparison, alongside a management fee of and a regional allocation of . Figures are as of 31 Aug 2026.
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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
- Partners Group
- Fund type
- Non-ELTIF
- ISIN
- GB00BD3ZCG23
- Legal structure
- ICVC/OEIC
- Regulatory regime
- NURS
- ELTIF version
- N/A
- Fund structure
- Open-End
- Inception
- 29 Apr 2016
- Base currency
- GBP
Strategy
- Asset class
- Multi-Asset
- Strategy
- Multi Asset
- Geographic focus
- Global
Liquidity
- Subscription frequency
- Daily
- Redemption frequency
- Monthly
- Hard lock-up
- 6 months
- NAV frequency
- Daily
Access & distribution
- Investor type
- Both
- Distribution scope
- Domestic
- Distribution countries
- United Kingdom
- Minimum investment
- 1 GBP
- SFDR
- Article 8
- Risk indicator (SRI)
- 4 of 7
›Frequently asked questions
- Who manages Partners Group Generations Fund?
- Partners Group Generations Fund is managed by Partners Group, headquartered in Switzerland.
- What is the minimum investment for Partners Group Generations Fund?
- The minimum investment is 1 GBP. The binding terms are in the fund documents.
- How often can investors redeem?
- Redemptions are monthly and a hard lock-up of 6 months.
- 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.