The German regulator said ELTIFs and other private market wrappers might not be suitable for all types of clients.
The new evergreen strategy will invest across core-plus funds, direct deals, and co-investments, initially targeting European private wealth investors.
The Luxembourg-domiciled fund, administered by fundcraft, targets annual net returns of 15% to 20% through direct, follow-on, and select secondary investments.
Finnish wealth manager Index Varainhoito will make the European Upper Middle Market Income Fund available to its clients.
The addition broadens the platform's offering of evergreen and ELTIF 2.0 investment opportunities for wealth managers across eligible EMEA markets.
The ELTIF 2.0-structured vehicle provides access to private markets by investing exclusively in LBPAM Private Opportunities, a French-domiciled master fund.
The evergreen fund targets the energy, digital infrastructure, and transport sectors mainly through direct deals, complemented by secondaries and co-investments.
We dive into LBBW Private Markets Select, outlining the investment strategy, return targets, and other details of the Luxembourg-domiciled ELTIF 2.0 vehicle.
We dive into Makers fund, outlining its investment strategy, return targets, and other key details.
We dive into EPME, outlining the investment strategy, capital flow policy, and other details of the Partners Group-managed vehicle.
