RedAlpine Sumit RAIF

RedAlpine Sumit RAIF is an open-ended private equity vehicle managed by Redalpine Venture Partners, pursuing a venture strategy from its Luxembourg base. Launched in 2020, it is structured as a SICAV under the RAIF regime and is classified as Non-ELTIF, with N/A applicable; distribution is pan-European and restricted to professional investors, with entry set at 100,000 CHF in the fund's base currency of CHF. Assets under management currently stand at .

Liquidity is administered rather than continuous. Subscriptions are accepted on a quarterly basis and redemptions are dealt quarterly, but a redemption request must be submitted 360 ahead of the dealing date, and an initial hard lock-up applies before any exit right becomes available. In practice this places the vehicle closer to a closed-ended venture programme in cash-flow terms, while the evergreen wrapper allows capital to be added in stages. The manager charges on management and on performance, against a stated return objective of . The fund is reported as Article 8 under SFDR and carries a summary risk indicator of 6, consistent with equity-level volatility and limited interim liquidity.

Within the Novantigo dataset of 494 vehicles as of 31 Aug 2026, it is one of 163 private equity funds and one of 347 domiciled in Luxembourg, narrowing to 117 that combine both characteristics. Among that group, the defining variables for comparison are the notice period, the base currency exposure for non-CHF investors, and the fee load relative to the stated return target.