Fund database › Private Equity
Apollo Global Management · LU3170240611
ELTIF 2.0 Private Equity Luxembourg Article 6 5 share classes ↓ Secondaries Co-Investments Buyout
Unit price (NAV) in EUR · share class A1 UNH · 5 data points
Returns calculated by semiliquid.info from the NAV series, not an official provider figure. Taxes and the trading costs of reinvestment are not taken into account. Past performance is not a reliable indicator of future results.
These come from the factsheet, the PRIIPs KID or the monthly report. They may relate to a different reference date, a different share class or a longer period than the series above — the series starts with the first documented unit price, not necessarily with the launch. That is why the values sometimes differ.
Target return per the provider: Not documented; KID return scenario (Class A1 UNH EUR): moderate scenario 16.09 % p.a. if held for 5 years
Provider figure or KID scenario — not a forecast by semiliquid.info. Target returns are not guaranteed.
What the fund does and how the portfolio is put together.
Risk indicator 4 of 7 from the key information document (1 = low, 7 = high); it captures liquidity risks only to a limited extent.
Portfolio breakdown
Broken down using semiliquid’s common taxonomy — provider labels are mapped onto shared categories so that funds can be compared. Only published figures are used; nothing is estimated.
Strategy
The basis is the PRIIPs KID of the share class we track — which makes it comparable across providers.
| Management fee | 2.20% |
| Total ongoing costs | 2.80% |
| Entry charge max. | 0.00% |
| Redemption fee | 0.00% |
| Performance fee | 12.50% |
| Hurdle rate | 5.00% |
| High-water mark | yes |
Median across 31 funds in this asset class in our database, based on the PRIIPs KID. No statement about quality — cost structures differ depending on the strategy and on target-fund layers.
How you get into the fund, and on what terms.
monthly
Semi-liquid means redemption only on fixed dates, with notice periods and upper limits. This is how it works for this fund — in the order the redemption process runs.
Units can be redeemed quarterly; notice must be given 30 days before the date; on each date the fund redeems at most 5 % of fund assets; for the first 9 months after subscription no redemption is possible.
The gate caps redemptions at 5 % of fund assets per date. If more investors want out at the same time, orders are scaled back pro rata or deferred to the next date.
quarterly
5 % of net asset value per redemption date (quarterly)
30 days
9 months
The score measures only the contractual redemption mechanics (the higher, the more flexible) — not whether the fund actually stays liquid under stress. Weightings in per cent.
5 classes known. All cost and risk figures on this page apply to LU3170240611.
| ISIN | Status | Min. investment | Ongoing costs | SRI |
|---|---|---|---|---|
| LU3170240611 | basis of this page | EUR 10,000 | 2.80% | 4/7 |
| LU3041333173 | documented | not documented | 3.78% | 3/7 |
| LU3041331805 | not yet collected | not documented | not documented | not documented |
| ISIN | Status | Min. investment | Ongoing costs | SRI |
|---|---|---|---|---|
| LU3041332878 | not yet collected | not documented | not documented | not documented |
| LU3170240538 | not yet collected | not documented | not documented | not documented |
Who stands behind the fund, who it is authorised for — and what the figures rest on.
Carne Global Fund Managers S.A.; depositary bank BNP Paribas, Luxembourg Branch; supervisory authority CSSF
Regulatory authorisation by the CSSF in September 2025 (press release of 24 Sep 2025); according to the available information the authorisation is in fact dated 5 Aug 2025. Market launch in the following months; an exact launch date for the share classes has not been published.
Listed as “Apollo Private Markets SICAV - Apollo Global Private Markets ELTIF“ · fund type: EU/foreign ELTIF, open-ended, all investors · ID 70167818
Retail and professional investors; recommended holding period 5 years
More than 30 jurisdictions according to Apollo's country selector: Austria, Belgium, Bulgaria, Croatia, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Cyprus, Romania, Slovakia, Slovenia, Spain, Sweden, Switzerland, United Kingdom, DIFC (Dubai), Israel
TWO LAYERS WITH AN INTRA-GROUP EMPHASIS. Investment type: 'Secondary Funds/Investments' and 'Co-Investments' – the fund therefore acquires interests in target funds that are already invested (secondaries, among others via Apollo's secondaries platform S3) and participates in co-investments; the strategy description refers explicitly to opportunities 'within Apollo's alternative platform'. In the case of secondaries, the management fees and carried interest of the acquired target funds continue to run at a second level; in the case of co-investments they typically do not arise. Target allocation: buyout 80 %, other 20 %; sectors industrials 25 %, TMT 25 %, business services 17 %, consumer 17 %, health care 17 %. Whether the target-fund costs are included in the 2.8 % and whether a fee rebate/waiver applies to Apollo's own target vehicles is NOT documented. A THIRD layer is added where distribution takes place via Trade Republic, namely the intermediary remuneration of 1.4 % p.a. (according to the provider, included in the costs disclosed). No master-feeder structure
All figures come from our analysis of provider documents (product data as at 19 Aug 2026, distribution data as at 12 Aug 2026) and have not been conclusively verified.
Same asset class, sorted by overlap of sub-strategy — no recommendation, no ranking.