Non-ELTIF · Real Estate · Domiciled in Luxembourg
Petrus Residential Opportunities Fund
Managed by Petrus Real Estate, UK. Product design, fees, liquidity terms and AuM development, tracked monthly by Novantigo.
About this fund
Petrus Residential Opportunities Fund is an open-ended real estate vehicle managed by Petrus Real Estate and domiciled in Luxembourg, where it is constituted as a SICAV operating under the UCI Part II regime. It is classified as a Non-ELTIF structure, so the N/A label applies rather than any ELTIF vintage, and distribution is organised on a pan-European basis from the Luxembourg platform. The fund is denominated in EUR and dates from 2026, placing it among the more recent entrants on the page.
The strategy is opportunistic within real estate, focused on residential assets, with portfolio exposure spread across . As an open-ended vehicle, the fund is designed to take in capital and meet redemptions on a continuing basis rather than through a fixed drawdown and harvest cycle, which means dealing terms, notice requirements and valuation cadence are the operative constraints for investors rather than a stated fund life; these mechanics are not disclosed in the data shown here. The summary risk indicator is reported as 6, consistent with the illiquid underlying assets and the value-add and repositioning work typical of the opportunistic approach.
For context, the fund is one of 44 real estate vehicles and one of 347 Luxembourg-domiciled vehicles in a universe of 494, and one of 31 that combine both. Its geographic allocation is benchmarked against that same real estate peer set.
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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
- Petrus Real Estate
- Fund type
- Non-ELTIF
- ISIN
- LU3312151395
- Legal structure
- SICAV
- Regulatory regime
- UCI Part II
- ELTIF version
- N/A
- Fund structure
- Open-End
- Inception
- 03 Mar 2026
- Base currency
- EUR
Strategy
- Asset class
- Real Estate
- Strategy
- Opportunistic
- Geographic focus
- Europe
Access & distribution
- Distribution scope
- Pan-European
- Risk indicator (SRI)
- 6 of 7
›Frequently asked questions
- Who manages Petrus Residential Opportunities Fund?
- Petrus Residential Opportunities Fund is managed by Petrus Real Estate, 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 the latest monthly update.