Fund database › Private Equity
Brookfield Asset Management / Oaktree · LU3198988910
Part II SICAV Private Equity Luxembourg Article 6 7 share classes ↓ Buyout Co-Investments Secondaries
We do not yet have a NAV series for this fund. Semi-liquid funds often publish their unit prices only monthly or quarterly — and not always publicly.
What the fund does and how the portfolio is put together.
Risk indicator 6 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 | 1.25% |
| Total ongoing costs | 1.10% |
| Entry charge max. | 0.00% |
| Redemption fee | 5.00% |
| 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: units are issued as at the first business day of each calendar month (subscription date). Subscription notice at the latest 6 business days before the subscription date by 17:00 CET, payment of the full purchase price at the latest 5 business days beforehand. The issue price is the NAV per unit as at the last calendar day of the previous month; the NAV is only fixed after acceptance. Late orders automatically roll over to the next date. Business day = banking day in Luxembourg, Toronto and New York.
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 60 days before the date; on each date the fund redeems at most 5 % of fund assets; for the first 24 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 redemption as at the last calendar day of the quarter (withdrawal date), application 60 calendar days beforehand by 17:00 CET; gate 5 % of the aggregate NAV of the units outstanding, scaled back pro rata, no automatic carry-over of requests not met. Redemptions may be suspended (inter alia valuation problems, severe liquidity problems, a cyber incident, market closures, loss of the depositary). Redemption in specie is possible, in kind only to professional investors. Investors only learn the NAV after the withdrawal date.
Quarterly redemption, capped at 5 % of aggregate NAV; application deadline 60 calendar days before the withdrawal date; early repurchase deduction of 5.00 % on units held for less than 2 years (soft lock-up of 24 months). Prospectus May 2026: gate = 5 % of the aggregate NAV of the units outstanding as at the relevant withdrawal date; oversubscribed redemptions are met pro rata, requests not met are NOT automatically carried over to the next date (a new request is required); Brookfield shares held by Brookfield investors are disregarded in the calculation.
60 calendar days before the quarterly withdrawal date (last calendar day of the quarter), receipt by 17:00 CET; example given in the prospectus: redemption as at 31 Dec requires an application by 1 Nov. Late applications may be accepted at discretion. The AIFM may extend the period or the submission date by up to 3 months per quarter (liquidity management tool selected under AIFMD II). Withdrawal requests are irrevocable.
No hard lock-up; soft lock-up via a redemption fee of 5 % of redemption proceeds on redemptions before the 2-year anniversary of the issue of the units. The board of directors may waive or reduce the fee at its discretion; units held by affiliates of the investment manager are exempt, units held by Brookfield employees are not.
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.
7 classes known. All cost and risk figures on this page apply to LU3198988910.
| ISIN | Status | Min. investment | Ongoing costs | SRI |
|---|---|---|---|---|
| LU3198988910 | basis of this page | EUR 25,000 | 1.10% | 6/7 |
| LU3198989306 | documented | EUR 25,000 | 1.90% | 6/7 |
| LU3198988753 | documented | EUR 25,000 | 1.10% | 6/7 |
| ISIN | Status | Min. investment | Ongoing costs | SRI |
|---|---|---|---|---|
| LU3198988837 | documented | EUR 25,000 | 1.10% | 6/7 |
| LU3198989058 | documented | EUR 25,000 | 1.90% | 6/7 |
| LU3198989132 | documented | EUR 25,000 | 1.90% | 6/7 |
| LU3198989215 | documented | EUR 25,000 | 1.10% | 6/7 |
Costs, minimum investment and risk can differ markedly by class — check the key information document of the specific class before subscribing.
Who stands behind the fund, who it is authorised for — and what the figures rest on.
AIFM: LFE European Asset Management S.à r.l. (trading as 'Brookfield Oaktree Wealth Solutions'), RCS Luxembourg B198087, 31 Avenue Monterey, L-2163 Luxembourg; responsible inter alia for risk management and valuation. Portfolio management delegated to Brookfield Asset Management Private Institutional Capital Adviser (Private Equity), L.P. (Manitoba, SEC-registered), which is also the manager of the master fund. Board of directors: Carolina Parisi (chair), Lydie Bini, Jean-Charles Guillou.
Depositary and paying agent: J.P. Morgan SE – Luxembourg Branch, 6 route de Trèves, L-2633 Senningerberg (RCS B255938); duties: safekeeping, ownership verification, oversight and cash-flow monitoring; no contractual discharge of liability under Art. 21(13) AIFMD, no delegation to sub-custodians intended. Central administration, registrar and transfer agent: likewise J.P. Morgan SE – Luxembourg Branch. Auditor: Deloitte Audit S.à r.l., Luxembourg (RCS B67895).
Launched 2025; an exact date has not been published. The KID footnote (as at 23 Oct 2025) cites 1 Nov 2025 as the 'Master Fund Initial Offering date' (launch of the master fund, not necessarily of the sub-fund); the prospectus of May 2026 confirms a first short financial year of the sub-fund to 31 Dec 2025.
Target group according to the prospectus 'retail to professional and institutional investors', distribution primarily via financial intermediaries. Class logic: institutional classes (A, C, E-1, E-2, CA-1 to CA-3) for proprietary business/intermediaries not receiving retrocessions, advisory classes (B, D) with a 0.85 % trail fee; E/CA-3 classes only for Brookfield investors and employees, CA classes only for Canada, P classes only for selected distribution partners. No US persons. Minimum investment EUR 25,000 (UK/GBP classes GBP 50,000).
EEA: distribution only to the extent permitted to professional investors under AIFMD. Switzerland: qualified investors only; representative Mont-Fort Funds AG, paying agent Helvetische Bank AG. Germany: marketing only to professional and semi-professional investors under the KAGB, expressly not to retail investors. Italy: professional investors and 'Italian Qualifying Investors'. UK: no public promotion (FPO exemptions only). No US persons.
Master-feeder: feeder SICAV -> master fund. Management fee 1.25 % p.a. at master fund level; the fee waiver runs only during the first 12 months from the master fund initial offering (1 Nov 2025), NOT from the individual investor's subscription. KIDs dated 23 Oct 2025: 1.1 % ongoing costs for A1, C1, E1 and E2 (institutional/Brookfield classes), 1.9 % for B1, B1(Italy) and D1 (advisory classes; the difference of 0.8 percentage points corresponds to the trail fee of 0.85 % p.a. on classes B and D). Performance-related remuneration with a disclosed annual impact of 1.9 % for A1/B1/B1(Italy)/C1/D1; according to the prospectus, E1/E2 bear neither a management fee nor a trail fee, and according to the KID no performance fee.
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.