Siera Impact Fund - (subfund) Siera Impact Growth Fund

Siera Impact Fund - (subfund) Siera Impact Growth Fund is an open-ended ELTIF managed by Royalton Partners, domiciled in Luxembourg and authorised under the UCI Part II regime. It launched in 2025 and invests in private equity through a growth strategy, denominated in EUR. The vehicle is structured under ELTIF 2.0, which permits distribution to both professional and retail investors, and the entry threshold of 500 EUR reflects that scope rather than an institutional-only minimum. It is classified Article 9 under SFDR and carries a summary risk indicator of 3.

Liquidity mechanics follow the evergreen ELTIF template rather than a closed-end drawdown model. Subscriptions are accepted on a daily basis, while valuation is struck quarterly, so dealing and pricing operate on different cycles. Exit is governed by a notice period of 360 days, and the fund applies an initial hard lock-up before redemption requests can be submitted at all, which positions it closer to a long-horizon commitment than to a semi-liquid trading instrument. Prospective investors should read the subscription cadence alongside the notice requirement rather than in isolation.

Within the Novantigo universe of 494 vehicles tracked as of 31 Aug 2026, the fund is one of 163 in private equity, one of 347 domiciled in Luxembourg, and one of 117 that combine both. Against that comparison set, its management fee of and all-in cost ratio of are benchmarked on the fee comparison view, as is the stated and the announced , which indicates the capacity the manager intends to deploy under the strategy.