PCAAM Private Equity Fund

PCAAM Private Equity Fund is an open-ended private equity vehicle managed by Partners Capital Investment Group, launched in 2024 and domiciled in Luxembourg. It is structured as a SICAV operating under the UCI Part II framework rather than the ELTIF regime, so it is classified as Non-ELTIF and its ELTIF version is recorded as N/A. The mandate is a buyout strategy denominated in USD, distributed on a pan-European basis to investors able to meet a minimum commitment of 10,000 USD.

Dealing mechanics follow the semi-liquid evergreen pattern now common in this segment: the fund strikes a monthly NAV, accepts subscriptions on a monthly basis and processes redemption requests on a quarterly cycle, subject to a soft lock-up applied to newly subscribed shares. The mismatch between the subscription and redemption cadence, combined with the evergreen structure, means capital is deployed continuously rather than through traditional drawdowns, and exposure is maintained through reinvestment rather than wind-down.

Within the coverage universe of 494 vehicles, the fund sits among 163 private equity strategies and 347 funds domiciled in Luxembourg, narrowing to 117 that combine both characteristics. Against that peer set, its underlying portfolio composition is tracked through , while regional exposure is reported as , both of which are benchmarked against the comparable Luxembourg-domiciled private equity cohort.