Partners Group Private Markets II SICAV

Partners Group Private Markets II SICAV is a closed-end vehicle launched by Partners Group in 2023, structured as a SICAV domiciled in Luxembourg and authorised under the UCI Part II regime. It is registered as an ELTIF under ELTIF 1.0, the framework that governs its investment restrictions, eligible-asset rules and the way its life is scheduled around a fixed term rather than open-ended dealing. The vehicle is denominated in EUR, reports under SFDR as Article 8, and is distributed on a pan-European basis to both professional and retail investors, with access set at a minimum subscription of 10,000 EUR.

The strategy is a multi asset programme within the multi-asset segment, deploying across private markets sub-asset classes rather than a single exposure; the resulting breakdown is captured in , with the corresponding regional distribution in . Because the structure is closed-end under ELTIF 1.0, investors should assume capital is committed for the fund's term, with no standing redemption mechanism; valuation is struck at a monthly NAV, which drives reporting and any permitted transfer or secondary pricing rather than liquidity itself. Current scale is shown in , and the fee load, comprising alongside a performance component, sits within the range observable across comparable vehicles.

Within the research universe of 494 funds as of 31 Aug 2026, it is one of 62 multi-asset strategies and one of 347 funds domiciled in Luxembourg; the narrower overlap of multi-asset vehicles domiciled there numbers 33, which is the most direct comparison set for its structure, fee terms and dealing mechanics.