UBS Asset Management - Private Equity (Lux) Evergreen Secondary Fund (ESF)

UBS Asset Management - Private Equity (Lux) Evergreen Secondary Fund (ESF) is an open-ended SICAV managed by UBS Asset Management (Europe) S.A. and domiciled in Luxembourg, where it sits among 347 funds in the dataset and among 117 that combine that domicile with private equity. Launched in 2022, it is structured as a Non-ELTIF vehicle under the UCI Part II regime, with N/A recorded for ELTIF versioning, and is distributed on a pan-European basis to both professional and eligible retail investors. The strategy is secondaries, one of 163 private equity funds tracked across a universe of 494 vehicles, with capital deployed through purchases of existing fund interests and portfolios rather than primary commitments, which shapes the pace at which the portfolio becomes invested and the exposure profile it carries; underlying exposure is reported as .

Dealing mechanics are evergreen rather than drawdown-based. The fund is denominated in EUR, accepts subscriptions on a monthly basis at a minimum of 50,000 EUR, and strikes NAV monthly. Redemptions are offered quarterly subject to a notice period of 90 days and an initial hard lock-up, so investors should treat the liquidity terms as periodic and conditional rather than continuous. Fee terms comprise a management fee of and a performance fee of , both of which can be compared against the 163 peers in the same asset class and the 117 that share its domicile.

The fund is classified Article 6 under SFDR, meaning sustainability risk is not a declared investment objective or promotional characteristic, and it carries a summary risk indicator of 4. Reported assets under management stand at . All figures reflect the dataset as of 31 Aug 2026.