Fund databaseInfrastructure

CVC-INFRA Global Private Infrastructure ELTIF

CVC · LU3349972433

ELTIF 2.0 Infrastructure Luxembourg Article 8 8 share classes ↓ Secondaries Primaries / Target Funds Core / Core+

NAV
Fund currencyEUR
Income treatmentaccumulating
Performance
Ongoing costs2.80% p.a.
Min. investment
Redemptionquarterly
Risk (SRI)3 / 7

01Performance

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.

Provider figures

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: No official target return published; PRIIPs KID moderate scenario 5.3 % p.a. net on exit after 8 years (favourable 6.0 %, unfavourable 0.1 %)

Provider figure or KID scenario — not a forecast by semiliquid.info. Target returns are not guaranteed.

02Strategy & portfolio

What the fund does and how the portfolio is put together.

Launch year2026
Fund size
CurrencyEUR
Income treatmentaccumulating
SFDRArticle 8
Recommended holding
Liquidity buffer
Leverage limit

Risk indicator 3 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.

Sector breakdown

Approximation (qualitative)% of NAVas at 21 Aug 2026

Infrastructure, not broken downThe provider reports the portfolio as a single position — no finer breakdown is published.
Source: CVC — Fondsseite 'CVC-INFRA' (zugangsgesperrt) · Document

Geographic breakdown

Approximation (qualitative)% of NAVas at 21 Aug 2026

Global, not broken downThe provider reports the portfolio as a single position — no finer breakdown is published.
Source: Fondsdokumente des Anbieters (KID/Prospekt/Präsentation), qualitative Angabe ohne Prozentwerte — Belegzitate in den Spalten 'Text: Sektorfokus' und 'Text: Regionenfokus'

Strategy

Secondaries Primaries / Target Funds Core / Core+ Value-Add

Direct investments, primary funds/investments, secondary funds/investments; access to the CVC DIF platform (core/core+ via DIF funds and value-add via VA funds)

03Costs

The basis is the PRIIPs KID of the share class we track — which makes it comparable across providers.

Management fee2.80%
Total ongoing costs2.80%
Entry charge max.0.00%
Redemption feenot documented
Performance fee12.50%
Hurdle rate5.00%
High-water markyes

In context: ongoing costs

This fund
2.80%
Median Infrastructure
2.10%

Median across 19 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 the performance fee works

The structure corresponds to the market standard for infrastructure evergreens (12.5 % / 5 % hurdle / high-water mark). The basis of assessment (total return including unrealised appreciation vs realised gains), the hard/soft design, the catch-up percentage and the crystallisation rhythm are NOT documented in public sources: not documented. Hurdle: 5 % p.a. High-water mark: yes. Whether this is formally a 'performance participation allocation': not documented

Costs per the key information document

PRIIPs KID class A EUR Acc: 2.8 % p.a. management fees and other administrative/operating costs + 0.2 % p.a. transaction costs. Total annual cost impact (reduction in yield) 5.6 % p.a. including performance fees - the cost impact of the performance fee is therefore around 2.6 % p.a. on this arithmetic (the difference from the ongoing costs; entry costs included pro rata). That makes it one of the most expensive infrastructure evergreens on the list

04Subscription & entry

How you get into the fund, and on what terms.

Subscriptionmonthly
Minimum investmentnot documented
Entry chargeup to 0.00%
Rec. holding periodnot documented

Subscription per the document

According to the available information, disclosed inconsistently: in part monthly, in part quarterly.

05Redemption & liquidity

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 24 months after subscription no redemption is possible.

1 · Lock-up24 months from subscription
2 · Notice period30 days before the date
3 · Redemption datequarterly
4 · Gatemax. 5 % per date
5 · Payoutnot documented

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.

Redemption per the document

Quarterly

Gate per the document

Quarterly redemptions capped at up to 5 % of NAV

Notice period

30 days

Lock-up

Soft lock of 24 months (redemption charge on earlier redemption); recommended holding period 8 years

06Share classes

8 classes known. All cost and risk figures on this page apply to LU3349972433.

ISINStatusMin. investmentOngoing costsSRI
LU3349972433basis of this pagenot documented2.80%3/7
LU3349972789not yet collectednot documentednot documentednot documented
LU3349974058not yet collectednot documentednot documentednot documented
+ 5 more share classes
ISINStatusMin. investmentOngoing costsSRI
LU3349974306not yet collectednot documentednot documentednot documented
LU3377505758not yet collectednot documentednot documentednot documented
LU3377506723not yet collectednot documentednot documentednot documented
LU3377508349not yet collectednot documentednot documentednot documented
LU3377509073not yet collectednot documentednot documentednot documented

Costs, minimum investment and risk can differ markedly by class — check the key information document of the specific class before subscribing.

07Fund details & verification

Who stands behind the fund, who it is authorised for — and what the figures rest on.

AIFM / management company

CVC Europe Fund Management S.a r.l., Luxembourg (external AIFM of the CVC PES SICAV, authorised by the CSSF under the Law of 2013; responsible for risk and portfolio management as well as for coordinating global distribution)

Source: Prospekt_LU3349972433_CVC-PES-SICAV (CVC Private Equity Strategies Funds S.A. SICAV, as at September 2025; text content covers only pages 2-18 of 283)

Launch date

CSSF authorisation 3 Jun 2026; launch of the CVC-INFRA infrastructure evergreen platform planned for H2 2026 (CVC Full-Year 2025 Activity Update of 12 Feb 2026)

Eligible investors

Distribution primarily through intermediaries ('the Shares will be offered primarily through Intermediaries'); offering to 'Eligible Investors'; target markets primarily the EEA, the UK, Switzerland, Hong Kong and Singapore. The board of directors may reject subscriptions in whole or in part at any time

Source: Prospekt_LU3349972433_CVC-PES-SICAV (CVC Private Equity Strategies Funds S.A. SICAV, as at September 2025; text content covers only pages 2-18 of 283)

Distribution authorisation

Austria, Belgium, Cyprus, the Czech Republic, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Liechtenstein, Luxembourg, Malta, the Netherlands, Norway, Poland, Portugal, Romania, Singapore, Slovakia, Spain, Sweden, Switzerland, the United Kingdom (country selection on the fund website)

Fee layers / double charging

Sub-fund level of CVC Private Equity Strategies Funds S.A. SICAV. The fund accesses the CVC DIF infrastructure platform; whether access is obtained through target funds/co-investments with an additional fee layer, and whether any offsetting exists, is not publicly documented: not documented. The high KID cost ratio of 2.8 % points to costs below fund level being included

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.

Similar funds

Same asset class, sorted by overlap of sub-strategy — no recommendation, no ranking.

Important information. semiliquid.info does not provide investment advice and makes no recommendation to buy, sell or hold fund units — no ranking, no offer, no invitation to subscribe. Only the prospectus and the key information document (PRIIPs KID) of the respective fund are authoritative. We give no warranty for the accuracy, completeness or currency of the information. Semi-liquid funds invest in illiquid assets: redemptions are possible only to a limited extent and can be capped, deferred or suspended; there is a risk of total loss. Past performance is not a reliable indicator of future results. Read the prospectus and the key information document before making an investment decision and seek professional advice where appropriate.