ELTIF · Private Equity · Domiciled in Luxembourg
Sumup Long-Term SME Investments SCA SICAV-SIF ELTIF - (subfund) Europe 1
Managed by Pandoo Management, Luxembourg. Product design, fees, liquidity terms and AuM development, tracked monthly by Novantigo.
About this fund
Sumup Long-Term SME Investments SCA SICAV-SIF ELTIF - (subfund) Europe 1 is a closed-end subfund managed by Pandoo Management and domiciled in Luxembourg, launched in 2025. It is structured as a SICAV operating under the SIF regime and authorised as an ELTIF under the ELTIF 2.0 framework, which allows it to be distributed on a pan-European basis to both professional and eligible retail investors. The base currency is EUR.
The strategy is private equity with a growth focus, investing in small and mid-sized European companies. Because the vehicle is closed-end, capital is committed for the life of the fund rather than traded, and investors should expect liquidity to come from realisations over the holding period rather than from a dealing cycle; the ELTIF 2.0 regime permits, but does not require, a redemption facility, and the subfund's terms govern whether any such mechanism applies. Portfolio exposure is spread across the regions shown in , which can be compared with the equivalent breakdowns of the other funds on this page.
Within the Novantigo universe of 494 vehicles, this subfund is one of 163 covering private equity, one of 347 domiciled in Luxembourg, and one of 117 that combine both characteristics, placing it in the most heavily populated segment of the European long-term fund market.
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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
- Pandoo Management
- Fund type
- ELTIF
- Legal structure
- SICAV
- Regulatory regime
- SIF
- ELTIF version
- ELTIF 2.0
- Fund structure
- Closed-End
- Inception
- 28 Oct 2025
- Base currency
- EUR
Strategy
- Asset class
- Private Equity
- Strategy
- Growth
- Geographic focus
- Europe
Access & distribution
- Distribution scope
- Pan-European
›Frequently asked questions
- Who manages Sumup Long-Term SME Investments SCA SICAV-SIF ELTIF - (subfund) Europe 1?
- Sumup Long-Term SME Investments SCA SICAV-SIF ELTIF - (subfund) Europe 1 is managed by Pandoo Management, headquartered in Luxembourg.
- What is an ELTIF?
- A European Long-Term Investment Fund is an EU vehicle that lets non-institutional investors access private market assets under the ELTIF regulation (this fund operates under ELTIF 2.0).
Sourced from prospectuses, KIDs, factsheets and regulatory registers. Data as of the latest monthly update.