Fund databasePrivate Equity

Fineco AM ELTIF Private Equity Fund

Fineco Asset Management · IE000S05LRX4

ELTIF 2.0 Private Equity Ireland Article 6 Co-Investments Buyout Primaries / Target Funds

NAV · 30 Jun 2026100.65 EUR
Fund currencyEUR
Income treatmentaccumulating
Performance since Dec 2025+0.6%Class A Accumulating
Ongoing costs2.97% p.a.
Min. investment
Redemptionquarterly
Risk (SRI)4 / 7

01Performance

Unit price (NAV) in EUR · share class A Accumulating · 7 data points

100.65 EURNAV as at 30 Jun 2026
99.8100.1100.3100.6Dec 2025Feb 2026Mar 2026May 2026Jun 2026
Source: Provider documents and the fund company's monthly returns 6 of 7 values derived (back-calculated from monthly returns)
since Dec 2025+0.6%

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.

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 explicit target return ('long term capital growth'). KID scenarios over 10 years (after costs): stress -2.39 % p.a. (EUR 7,850), unfavourable 0.44 % p.a. (EUR 10,440), moderate 11.75 % p.a. (EUR 30,360), favourable 14.13 % p.a. (EUR 37,490)

Source: KID 11 Nov 2025, Performance Scenarios

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 year2025
Fund size
CurrencyEUR
Income treatmentaccumulating
SFDRArticle 6
Recommended holding10 yrs
Liquidity buffer
Leverage limit50.00%

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.

Sector breakdown

Approximation (qualitative)% of NAVas at 21 Aug 2026

Diversified, no sector breakdownThe 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'

Geographic breakdown

Target range% of NAVas at 7 Nov 2025

Europe45.0%
North America45.0%
Other / unallocated10.0%
Source: Fineco Asset Management dac — 'Fineco AM Private Solutions ICAV — Fineco AM ELTIF Private Equity Fund, Supplement', S. 5-6 · Document

Strategy

Co-Investments Buyout Primaries / Target Funds

Emphasis on co-investments alongside leading global private equity managers (rather than classic fund-of-funds/buyout funds); actively managed, benchmark-free

Portfolio composition

Two components: (1) direct private markets investments as well as equity and equity-like co-investments alongside established private equity houses via one or more investment holding vehicles (Subsidiary), and (2) EU AIFs managed by EU AIFMs which themselves have invested no more than 10 % of their assets in other collective investment undertakings. Derivatives for hedging purposes only
Source: KID 11 Nov 2025, Objectives

03Costs

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

Management fee2.97%
Total ongoing costs2.97%
Entry charge max.0.00%
Redemption fee3.00%
Performance fee12.50%
Hurdle rate8.00%
High-water marknot documented

In context: ongoing costs

This fund
2.97%
Median Private Equity
2.53%

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 the performance fee works

TWO-TIER AND DEAL-RELATED: (i) a profit share of 12.5 % on the ELTIF's direct investments (via a profit share vehicle which, alongside the sub-fund, is a limited partner of the Subsidiary) AND (ii) carried interest of 12.5 % at the level of the ELTIF-eligible target AIFs. Both become payable ONLY ON THE SALE of the underlying assets, once a hurdle rate of 8 % has been achieved. The accrued profit share reduces the NAV per unit. No high-water mark and no catch-up are disclosed
Source: KID 11 Nov 2025; Prospectus supplement, Dividend Policy and Profit Share

Costs per the key information document

Class A Acc EUR: management and other operating costs 2.97 % p.a. (EUR 297 on EUR 10,000) + transaction costs 0.07 % p.a. (EUR 7) = 3.04 % p.a.; cost impact of performance fees 0.89 % p.a. (EUR 89, calculated over 10 years). No entry and no exit fee in the KID. TOTAL COSTS EUR 393 (1 year), EUR 2,436 (5 years), EUR 6,689 (10 years). Annual cost impact (RIY) 3.9 % across all periods; return 15.60 % p.a. before costs vs 11.70 % p.a. after costs
Source: KID 11 Nov 2025, Costs over Time / Composition of Costs

04Subscription & entry

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

Subscriptionmonthly
Minimum investmentnot documented
Entry chargeup to 0.00%
Rec. holding period10 years

Subscription per the document

Daily during the initial offer period; monthly after the first closing (section 'Subscriptions Following the Initial Offer Period')

Source: Prospectus supplement, Subscriptions; KID 11 Nov 2025

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.

1 · Lock-upnot documented
2 · Notice periodquantified
3 · Redemption datequarterly
4 · Gateexists, not quantified as a fixed rate in the prospectus
5 · Payoutnot documented

Redemption per the document

Quarterly — 'Redemption Date means the FIRST BUSINESS DAY IN JANUARY, APRIL, JULY AND OCTOBER in each calendar year, or such other days as the Directors may determine', in each case subject to the lock-up period

Source: Prospectus supplement, Definitions 'Redemption Date'

Gate per the document

According to the available information, max. 5 % of fund NAV per quarter with pro rata allocation. The supplement contains a section on the deferral of redemptions ('Deferral of Redemptions'); the PRIIPs KID merely refers to limited liquidity and limited redemption rights.

Source: Prospectus supplement, Deferral of Redemptions; KID 11 Nov 2025

Notice period

Not disclosed in the fund documents available; the supplement contains a 'Redemption Procedure' section.

Source: KID 11 Nov 2025; Prospectus supplement

Lock-up

A lock-up period is provided for (section 'Lock-up Period and Redemption Fee' of the supplement; redemptions 'only after the Lock-up Period, as indicated in the Supplement'); its actual duration is not quantified in the documents available. In addition, a redemption fee of up to 3 % applies.

Source: KID 11 Nov 2025, How long should I hold it; Prospectus supplement

06Fund details & verification

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

AIFM / management company

PRIIP manufacturer/manager: Fineco Asset Management DAC (FinecoBank Group), 6th Floor Block A, Georges Quay Plaza, Dublin 2, Ireland; authorised by the Central Bank of Ireland. Investment Manager: NEUBERGER BERMAN AIFM S.à r.l. Distribution: FinecoBank S.p.A., Milano

Source: KID 11 Nov 2025, Product / Investment Manager

Depositary

Societe Generale SA, Dublin Branch

Source: KID 11 Nov 2025, Other relevant information

Launch date

The term of the sub-fund begins with effect from 6 Nov 2025 ('The term of the Sub-Fund shall commence with effect from 06 November 2025'). Term: 50 calendar years from the first IOP closing, extendable by up to three further one-year periods.

Source: Prospectus supplement (undated), Term; KID 11 Nov 2025, Term

Eligible investors

'The Shares are intended for investors who have sufficient experience and theoretical knowledge to assess the risk of investing in private equity funds, are keen to sustain an investment in a fund with LIMITED REDEMPTION RIGHTS and/or redemption frequency, have a LONG-TERM investment horizon, have sufficient resources to bear any losses (which may include loss of the entire investment) and who are willing to assume a MEDIUM level of risk.' Structure: Retail Investor Alternative Investment Fund (RIAIF) — available to retail investors. Distributed via FinecoBank S.p.A

Source: KID 11 Nov 2025, Intended retail investor / Type

Distribution authorisation

Italy (distribution via FinecoBank)

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.