Fund database › Private Equity
Fineco Asset ManagementIE000S05LRX4Class A Accumulating
The Fineco AM ELTIF Private Equity Fund invests directly in buyouts and co-investments across size segments, spread over Europe, North America and Asia — as an Irish ELTIF 2.0, launched in 2026, accumulating.
Quarterly redemption at fixed dealing dates after an initial lock set out in the supplement; the redemption gate is measured against the liquid assets and applies only when net redemptions exceed subscriptions. Monthly subscription.
Subscription from EUR 10,000 for experienced investors who consciously accept restricted redemption rights; recommended holding period ten years. Currently not registered for distribution in Germany.
The direct-investment approach sets it apart from the field's platform and fund-of-funds models; the combination of a ramp-up lock and a liquidity-based gate makes it one of the more restrictive, but also more clearly calculated vehicles.
Figures for class A Accumulating (IE000S05LRX4) · product data 4 Sep 2026 · sources: prospectus (as at 6 Nov 2025), PRIIPs-KID — full list under 08 documents.
Since the data series began in Dec 2025, the unit price has gained 1.1% (cumulative, 0.7 years). The series is still short; valuations of private holdings arrive quarterly and smoothed.
8 monthly values, 6 derived from monthly returns · Source: price feed / provider document, secondary source (data portal) · Returns calculated by semiliquid.info from the NAV series, not an official provider figure. Taxes and dealing costs of reinvestment are not considered. Past performance is not a reliable indicator of future results.
What the prospectus permits: focus on co-investments alongside leading global PE managers (rather than classic fund-of-funds/buyout funds); actively managed, benchmark-free
Taxonomy of semiliquid.info; only published values are used, nothing is estimated. The actual portfolio breakdown is in 03 Portfolio.
The five largest holdings account for 26.5% of the fund. 69.0% is held in the liquidity reserve.
How the reserve is invested: Fineco AM ST FI Opp FD II J 15.5% · Fineco AM ST FI Opp FD J ACC 15.4% · ULTRA SHORT TERM BOND SRI FAM FUND - J D 12.9% · 4 more 45.5%.
Focus according to fund documents: Diversified, no sector breakdown 100%
Focus according to fund documents: Europe 45%, North America 45%, Other / unallocated 10%
Among the ten largest: 8 co-investments, 2 GP-led secondaries; 3 names not disclosed.
Undisclosed artificial intelligence company whose name and location the fund does not reveal.
Action (Zwaagdijk, Netherlands) is Europe’s largest non-food discount retailer, with a broad, frequently changing range of household goods, decorations, toiletries and toys.
Ryan LLC is a U.S. provider of tax advisory, tax recovery and tax technology services for businesses, covering sales and use taxes, property taxes and severance taxes, among others …
Nord Anglia Education is the world's largest operator of international premium private schools (K-12, day and boarding schools) …
Value-added distributor of engineered products for industrial flow, valve and pump technology and automation, combining components with engineering, assembly and service capabilities.
Solenis is a global producer of specialty chemicals and water treatment solutions for water-intensive industries such as pulp and paper, municipalities, and hygiene and cleaning.
Mavis Tire Express Services is an independent US tire retail and automotive service chain headquartered in Millwood (New York), with a large store network across numerous states.
U.S. provider of cybersecurity software focused on email security, data loss prevention and security awareness training for enterprises, headquartered in Sunnyvale, California.
Undisclosed rental provider of mobile and portable equipment in which a stake was acquired through a GP-led secondary transaction in 2026.
GP-led multi-asset continuation fund from 2026 of Huron Capital (Detroit), a private equity investor in the US lower middle market.
Positions and shares according to the provider; 1 of 5 names not disclosed; short descriptions by semiliquid.info from public sources; Allocation according to the uniform semiliquid taxonomy; only published values are used, nothing is estimated.
With ongoing costs of 3.04%, class A Accumulating is well above the median of the asset class (2.60%). On top comes a performance fee of 12.50% above a hurdle of 8% — without a high-water mark.
For 10,000 EUR this means roughly 304 EUR per year.
For 10,000 EUR, a one-off up to 300 EUR on purchase and up to 300 EUR on redemption.
Based on the PRIIPs key information document of class A Accumulating, hence comparable across providers. Median: 35 Private Equity funds in this database, data run 16 Oct 2026.
Units can be subscribed monthly. The price is the NAV at the end of the previous month — it is not known when the order is placed.
Account opening with full AML checks in advance, processing up to 10 business days.
no later acceptance provided for; late or incomplete subscription forms are deferred at …
Price = NAV at the end of the previous month.
pre-funding: 3 business days before dealing day
An order placed today is invested in — days (—); the money is due on —. Miss the cut-off and you move to the next dealing day: cut-off —, invested from —.
Shown without a date because the prospectus does not quantify: NAV publication. The remaining markers are calculated from the prospectus rules.
| Frequency | monthly |
|---|---|
| Procedure | fully paid-in |
| Dealing day | 1st business day of the month |
| Cut-off | 20 calendar days before dealing day · 17:00 other · (before the anchor date) |
| Price | previous month-end |
| NAV publication | The NAV is generally calculated monthly as at the Valuation Date; for each Valuation Date it is generally available on or around the NAV publication date of … |
| Payment | pre-funding: 3 business days before dealing day |
| Minimum investment | 10,000 EUR |
| Entry charge (max.) | 3% (distributor) |
| Subscription limit | The Directors or the Administrator may reject any application in whole or in part without giving reasons; no quantitative cap |
| KYC / documents | Account opening with full AML checks in advance, processing up to 10 business days; orders only after confirmation of the account number |
| Revocation | Retail: cancellation without penalty from the cut-off until 2 weeks thereafter; not otherwise governed |
| Business day | any day on which banks are open the whole day for non-automated business in Ireland (Suppl. p. 5) |
Dates calculated from the prospectus rules (bank holidays: IE); only the transfer agent’s confirmation is binding. Data as at 4 Sep 2026 · Documents: 08.
Units can be redeemed quarterly — with a volume limit (Gate), lock-up 36 months. How quickly the money arrives and what happens if many want out at once is set out below.
Redemption Date = first business day in January, April, July and October.
NAV per unit less redemption fee (up to 3%)
If on a redemption date the redemption requests exceed the subscription requests …
redemption day
A request made today is paid out on — — — days; from the cut-off to cash it is — days.
Shown without a date because the prospectus does not quantify: NAV publication. The remaining markers are calculated from the prospectus rules.
An exit is possible after three years at the earliest — arithmetically 1244 days from decision to cash.
Rank 100 of 112 · rank 36 of 38 in Private Equity · 36 months lock-up · no fixed redemption fee
Money typically within half a year — on average 150 days from decision to cash.
36 months lock-up — expired for existing holdings · no fixed redemption fee
Confidence high — prospectus complete, dates calculated, no assumptions in the value · prospectus as at 6 Nov 2025 · score run 16 Oct 2026 · How 1244 days become 0 pointsThe score measures how quickly and reliably you can get your money out according to the prospectus — not whether the fund is good.
| Character | redemption right |
|---|---|
| Frequency | quarterly |
| Valuation day | 1st business day of the month |
| Notice | 90 calendar days before redemption day · 17:00 other |
| Price | quarter-end |
| Payout | 10 business days after redemption day |
| Gate | 33.3% net of available liquidity per redemption day |
| Scaled-back portion | carried forward automatically to the next dealing day |
| Redemption fee (max.) | up to 3% (discretionary) |
| Lock-up | investor-level, 36 months (subscription) |
| Suspension | Suspension of subscription, conversion and redemption for as long as the NAV calculation is suspended … |
| Liquidity tools | Lock-up 3 years, deferral/gate of 33.3% of the UCITS-eligible assets with pro-rata scale-back, anti-dilution levy, matching with matching fee … |
| Switch / transfer | only with the written consent of the ICAV; no market for the shares; in addition matching under Art. 19(2a) ELTIF Regulation |
| Compulsory redemption | where the Minimum Holding Amount is not met (15 calendar days' grace period), in the case of a Restricted Person. |
If on a redemption date the redemption requests exceed the subscription requests (aggregated across all classes, in the fund currency), the AIFM may limit redemptions to up to 33.3% of the sub-fund's UCITS-eligible assets (Annex I of the ELTIF Delegated Regulation); the target ratio for these liquid assets is 15% of NAV.
The gate is formulated not as a ratio of the fund NAV but as a cap of 33.3% of the sub-fund's UCITS-eligible (liquid) assets under Annex I to the ELTIF Delegated Regulation; it applies only where the redemption requests exceed the subscription requests.
Dates calculated from the prospectus rules (bank holidays: IE); only the transfer agent’s confirmation is binding. Data as at 4 Sep 2026 · Documents: 08.
2 classes. All cost and risk figures on this page refer to the basis class A Accumulating.
PRIIPs KID ✓: a key information document exists and is the source of the costs. —: no KID documented — the class is distributed outside the EEA or to investors not covered by the KID requirement, or the document is not available.
Who is behind the fund, where it may be distributed — and which documents were evaluated.
| Document | As at | Used for |
|---|---|---|
| Key information document (PRIIPs KID) Key Information Document, Class A Acc EUR, 11 Nov 2025 | 11 Nov 2025 | — |
| Prospectus | — | — |
| NAV series price feed / provider document, secondary source (data portal) | 31 Aug 2026 | Performance (01) |
| Positions and reserve | 31 Jul 2026 | Portfolio (03) |
All figures are taken from provider documents (product data as at 16 Oct 2026, distribution data as at 5 Oct 2026) and have not been conclusively verified.
Redemption quarterly, notice period 90 calendar days before redemption day, with 33.30% gate per redemption day. Subscribing today, it takes on average 1244 days from decision to cash under the prospectus deadlines; a gate is not factored in.
Ongoing costs of 3.04% p.a. according to the PRIIPs KID for class A Accumulating; the median of the Private Equity funds in this database is 2.60%; plus a performance fee of 12.50%.
10,000 EUR in class A Accumulating.
No. According to our evidence, the fund cannot currently be subscribed in Germany (as at 5 Oct 2026). The Access check shows the details.
As at 16 Oct 2026, no redemption restriction is documented for the Fineco AM ELTIF Private Equity Fund. Under the prospectus a gate of 33.30% per redemption day applies.
Same asset class, similar sub-strategy.
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Liquidity score in the “as of today” view with average days to cash. No recommendation, no ranking.