Fund database › Private Equity
ARK Investment Management LLC · IE000DVU5N80
ELTIF 2.0 Private Equity Ireland Article 6 3 share classes ↓ Secondaries Primaries / Target Funds
Unit price (NAV) in USD · share class E1 (USD) clean · 2 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: moderate scenario 15.9 % 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 | 2.70% |
| Total ongoing costs | 2.45% |
| Entry charge max. | 0.00% |
| Redemption fee | 0.00% |
| Performance fee | 12.50% |
| Hurdle rate | 7.00% |
| 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 ('a semi-liquid evergreen vehicle offering monthly subscriptions and quarterly redemptions')
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 12 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 ('shareholders can request to redeem on a quarterly basis')
Redemptions quarterly, capped at 5 % of NAV per quarter; individual requests may be scaled back pro rata. Notice period 30 days. Before that, a twelve-month ramp-up period applies during which no redemptions are possible ('a 12-month ramp-up period during which redemptions will not be permitted'); with the share classes launched on 27 Feb 2026 it runs until 26 Feb 2027. First redemptions are therefore in practice possible no earlier than Q2 2027.
30 days
'Following an initial 12-month ramp-up period during which redemptions will not be permitted, shareholders can request to redeem on a quarterly basis' - a hard 12-month redemption bar from launch
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.
3 classes known. All cost and risk figures on this page apply to IE000DVU5N80.
| ISIN | Status | Min. investment | Ongoing costs | SRI |
|---|---|---|---|---|
| IE000DVU5N80 | basis of this page | EUR 1 | 2.45% | 4/7 |
| IE0007OY3DL2 | documented | EUR 1 | 2.66% | 4/7 |
| IE000XVPN0V6 | documented | EUR 1 | not documented | 4/7 |
Who stands behind the fund, who it is authorised for — and what the figures rest on.
IQ-EQ Fund Management (Ireland) Limited, regulated by the Central Bank of Ireland, register number 148223 (AIFM of the ARK ELTIF ICAV). Investment manager: ARK Investment Management LLC (SEC-registered investment adviser). Marketing support: ARK Invest International Limited (UK). The ICAV is authorised by the Central Bank of Ireland as an ELTIF under Regulation (EU) 2015/760
No depositary is expressly named in the factsheet. BNY Mellon Fund Services (Ireland) acts as transfer agent.
22 Dec 2025 is the date on which the ICAV was authorised by the Central Bank of Ireland, not the fund launch. Market launch announced for 20 Jan 2026; according to the available information the three share classes were launched on 27 Feb 2026. First NAV as at 3 Mar 2026.
Listed as “ARK ELTIF ICAV - ARK Private Innovation ELTIF“ · fund type: EU/foreign ELTIF, open-ended, all investors · ID 70175174
Retail ELTIF 2.0: distributed via private banks, wealth managers and financial advisers; retail investors in the EEA subscribe following a suitability assessment exclusively through a regulated intermediary, which is responsible for the MiFID II suitability assessment and the 14-day right of withdrawal. UK: professional investors only. Switzerland: qualified investors only. USA: Qualified Institutional Buyers and Qualified Purchasers only. Tradable via Clearstream, Swissquote, Euroclear and Allfunds.
Austria, Belgium, Czech Republic, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Liechtenstein, Luxembourg, Netherlands, Norway, Poland, Portugal, Spain, Sweden as well as the UK (NPPR, professional investors only); Switzerland for qualified investors
SINGLE LAYER. The fund makes EXCLUSIVELY DIRECT INVESTMENTS ('Investment Type: Direct Investments') - 75-85 % of assets in illiquid private companies, 15-25 % in liquid investments such as listed equities. There is NO target-fund, master or fund-of-funds level, and therefore NO double charging through target-fund fees. The liquid portion can be implemented via individual securities; an investment in other funds is not documented
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.