Fund databasePrivate Equity

onemarkets Alternatives Partners Group Private Equity Evergreen Fund

UniCredit Invest Alternatives GmbH · LU3285763689

ELTIF 2.0 Private Equity Luxembourg Article 8 6 share classes ↓ Secondaries Buyout

NAV
Fund currencyEUR
Income treatmentaccumulating
Performance
Ongoing costs3.46% p.a.
Min. investmentEUR 10,000
Redemptionquarterly
Risk (SRI)4 / 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.

02Strategy & portfolio

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

Launch year2026
Fund size
CurrencyEUR
Income treatmentaccumulating
SFDRArticle 8
Recommended holding5 yrs
Liquidity buffer15.00%
Leverage limit

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

Target range% 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 21 Aug 2026

North America40.0%
Europe30.0%
Other / unallocated30.0%
Source: Fondsdokumente des Anbieters (KID/Prospekt/Präsentation), qualitative Angabe ohne Prozentwerte — Belegzitate in den Spalten 'Text: Sektorfokus' und 'Text: Regionenfokus'

Strategy

Secondaries Buyout

Via the master fund, direct and secondary investments, focus on mid-market companies with EBITDA of between USD 25m and USD 250m; up to 15 % in liquid investments and/or other private equity strategies (e.g. infrastructure equity, buyout, secondaries)

Portfolio composition

Target portfolio allocation: at least 85 % private equity (via the master fund), 0-15 % infrastructure, 0-15 % liquidity/money market instruments. Structure: feeder AIF with an allocation of at least 85 % to the master AIF 'Partners Group Private Equity Opportunities'; up to 15 % directly in liquid assets and/or other funds with private equity strategies managed by the manager of the master fund (or affiliated companies) (e.g. infrastructure equity, buyout or secondaries). No benchmark
Source: Flyer, as at June 2026

03Costs

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

Management feenot documented
Total ongoing costs3.46%
Entry charge max.3.00%
Redemption fee0.00%
Performance fee0.00%
Hurdle ratenot documented
High-water marknot documented

In context: ongoing costs

This fund
3.46%
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

No mechanism of its own at sub-fund level. The performance fee passed through follows the mechanism of the master fund 'Partners Group Private Equity Opportunities'; its parameters are not quantified in the flyer
Source: Flyer, as at June 2026

Costs per the key information document

Class A (LU3285763689): management/operating costs around 3.46 % p.a. + transaction costs around 0.06 % p.a. Class M: 3.16 % + 0.06 %. Class O: 2.86 % + 0.06 %. Performance-related fees: none at sub-fund level; the estimate of total costs is based on the average of the past five years. An 'annual impact of costs' (reduction in yield) is not documented in the flyer (no KID available)
Source: Flyer, as at June 2026, table 'FUND DATA'

04Subscription & entry

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

Subscriptionmonthly
Minimum investmentEUR 10,000 – EUR 250,000 by class
Entry chargeup to 3.00%
Rec. holding period5 years

Subscription per the document

Monthly - 'monthly subscriptions in accordance with defined subscription periods and notice periods'; first subscription date 6 July 2026

Source: Flyer, as at June 2026

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 65 days before the date; on each date the fund redeems at most 5 % of fund assets.

1 · Lock-upnot documented
2 · Notice period65 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 - 'quarterly dealing days (at the earliest after 30 June 2027)' in line with the ELTIF redemption framework

Source: Flyer, as at June 2026, footnote 6

Gate per the document

Quantitative redemption limit with a threshold of 5 % of the value of the sub-fund's units in issue; redemptions may also be limited or suspended

Source: Flyer, as at June 2026, footnote 6

Notice period

Notice periods exist ('including quarterly dealing days ..., notice periods and quantitative redemption limits'), but are not quantified in the flyer - reference to the prospectus and the KID

Source: Flyer, as at June 2026, footnote 6

Lock-up

Redemptions at the earliest after 30 June 2027 (the first quarterly dealing day thereafter)

Source: Flyer, as at June 2026, footnote 6

Liquidity score: 3.1 of 5

Redemption frequency
3 / 5 · 40 %
Gate / redemption cap
3 / 5 · 25 %
Notice period
2 / 5 · 20 %
Redemption fee
5 / 5 · 15 %

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.

06Share classes

6 classes known. All cost and risk figures on this page apply to LU3285763689. Minimum investment by class EUR 10,000 – EUR 250,000.

ISINStatusMin. investmentOngoing costsSRI
LU3285763689basis of this pageEUR 10,0003.46%4/7
LU3285764141documentedEUR 100,0003.16%4/7
LU3285764224documentedEUR 250,0002.86%4/7
+ 3 more share classes
ISINStatusMin. investmentOngoing costsSRI
LU3285764067not yet collectednot documentednot documentednot documented
LU3285764737not yet collectednot documentednot documentednot documented
LU3285764810not yet collectednot documentednot documentednot documented
Note on the classes
Flyer data incorporated: classes A/M/O (min. EUR 10k/100k/250k, ongoing 3.46/3.16/2.86 %, entry max. 3/2/1 %, SRI 4, accumulating, Art. 8); feeder >=85 % in the master AIF; subscriptions open 6 Jul 2026, launch 1 Oct 2026; no performance fee at sub-fund level (master fund possibly).

07Fund details & verification

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

AIFM / management company

AIFM / management company: Carne Global Fund Managers (Luxembourg) S.A., 3 Rue Jean Piret, L-2350 Luxembourg. Delegated portfolio manager: UniCredit Invest Alternatives GmbH, Bavariafilmplatz 8, D-82031 Grünwald (HRB 209408 AG München, UniCredit Group). Master AIF managed by Partners Group. Distribution partners: UniCredit S.p.A. (Milan) and UniCredit Bank GmbH (Munich)

Source: Flyer, as at June 2026, 'IMPORTANT INFORMATION'

Launch date

Launch date 1 October 2026; first subscription date 6 July 2026, with monthly subscriptions thereafter in accordance with defined subscription periods and notice periods

Source: Flyer, as at June 2026, table 'FUND DATA'

BaFin database

Listed as “onemarkets Alternatives SICAV - onemarkets Alternatives Partners Group Private Equity Evergreen Fund“ · fund type: EU/foreign ELTIF, closed-ended, all investors · ID 70176669

Source: ESMA ELTIF register (Art. 3(3) ELTIF Regulation), as at 31 Jul 2026

Eligible investors

Retail investors seeking long-term exposure to private markets and pursuing capital growth; they should be able to invest at least EUR 10,000, have advanced knowledge and/or experience in the field of private markets and understand that capital protection is not guaranteed. Distribution exclusively to eligible investors within the meaning of the ELTIF Regulation; not to US persons

Source: Flyer, as at June 2026, 'PROFILE OF POTENTIAL INVESTORS' and 'IMPORTANT INFORMATION'

Distribution authorisation

Germany and Luxembourg (the onemarkets website is addressed exclusively to persons resident in DE/LU); the distribution partners are UniCredit Bank GmbH (Munich) and UniCredit S.p.A. (Milan, Italy)

Fee layers / double charging

UNAMBIGUOUS DOUBLE CHARGING THROUGH THE MASTER-FEEDER STRUCTURE. The sub-fund is a feeder AIF and invests at least 85 % in the master AIF 'Partners Group Private Equity Opportunities' (a sub-fund of Partners Group Private Markets Evergreen SICAV). Up to 15 % may be invested in further funds/sub-funds managed by the AIFM of the master fund or by affiliated companies (third level). The flyer names the risk explicitly as a 'multi-level cost structure': 'The sub-fund and its investments each incur and/or charge management and/or administration costs and expenses as well as, where applicable, performance-related fees. These costs are borne pro rata by investors, indirectly or directly.' The master fund in turn invests directly and via private equity target funds (fourth level)

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.