Fund database › Private Equity
Schroders CapitalLU3122001129Class A Acc USD
One of the oldest semi-liquid private-equity ELTIFs in the market: since 2022 the fund has invested through secondaries, primaries and co-investments in small and mid-sized buyouts with a high co-investment share, accumulating.
Monthly subscription; quarterly redemption with roughly one quarter's notice; the limit is measured in two stages against the liquid assets and against fund assets. No fixed minimum holding period — a discretionary redemption fee acts as a soft lock.
Subscription from EUR 10,000 for retail and professional investors, recommended holding period five years; registered for distribution in roughly nineteen countries, including Germany.
The rare combination of an early launch and the ELTIF framework: hardly any retail product in the field has a longer live record. The portfolio is nevertheless young by vintage — the track record belongs to the strategy, not to every euro in the fund.
Figures for class A Acc USD (LU3122001129) · product data 12 Oct 2026 · sources: prospectus (as at Jul 2026), PRIIPs-KID, Factsheet — full list under 08 documents.
Since the data series began in Dec 2025, the unit price has gained 2.2% (cumulative, 0.7 years). The series is still short; valuations of private holdings arrive quarterly and smoothed.
3 monthly values · Source: price feed / provider document · 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. The fund has been running since Jul 2022; a reliable NAV series of the class is available from Dec 2025. series incomplete (3/9 months).
What the prospectus permits: Main focus on co-investments (~75%), secondaries (~20%), primaries (~5%); ~95% small/mid buyouts, ~5% large buyouts; 100% buyout financing stage; vintages 2022-2026
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 43.4% of the fund. 5.0% is held in the liquidity reserve — enough for 3 months of maximum redemptions.
How the reserve is invested: Deutsche Managed DLLR 3.4% · HSBC GLF USD Liquidity C 3.4% · Amundi MMKT S/T USD 3.4% · 2 more 5.5%. It covers 3 months of the maximum net redemption (at most 20% per year under the gate) — what that means for redemptions is in 06.
Among the ten largest: 6 equity holdings, 3 primary funds, 1 GP-led secondary.
Diagram is an Italian agri-food tech company offering digitalization tools, software and consulting to agricultural and food industry businesses.
Contenur is a Spanish manufacturer of plastic and metal waste and recycling containers for municipalities and waste management companies …
NLM Vantinge (Denmark) collects fat-containing by-products and waste, including from the food industry …
German manufacturer of frozen snacks and finger food products, such as breaded cheese and vegetable snacks, for food retail, restaurants and foodservice in Europe.
Tradera is a Swedish online marketplace for second-hand and auction goods based in Stockholm, where private individuals and merchants sell items.
Holding company of NG Group (Norsk Gjenvinning), one of the largest Nordic waste management, recycling and circular economy companies …
Solace develops enterprise software for real-time data streaming and event-driven architectures, notably the PubSub+ event broker platform …
Luxembourg fund vehicle (SCSp) of MML Capital, a London-based private equity manager that invests in European mid-market companies.
Xenon FIDEC is a Luxembourg buyout fund (SICAV-RAIF) managed by Xenon Private Equity, a private equity manager specializing in Italy.
Vidia Climate Fund I is the first fund of German venture capital investor Vidia Equity and invests in technology companies that contribute to decarbonization.
Positions and shares according to the provider; short descriptions by semiliquid.info from public sources; holdings as at 31 Jul 2026, reserve as at 31 Dec 2025; Allocation according to the uniform semiliquid taxonomy; only published values are used, nothing is estimated.
With ongoing costs of 2.56%, class A Acc USD is close to the median of the asset class (2.60%). On top comes a performance fee of 12.50% above a hurdle of 5% — with a high-water mark.
For 10,000 USD this means roughly 256 USD per year; the cheapest class with a cost figure is I Acc USD (0.27%, from 5,000,000 USD).
For 10,000 USD, a one-off up to 500 USD on purchase and up to 500 USD on redemption.
Based on the PRIIPs key information document of class A Acc USD, 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 on the valuation day — it is not known when the order is placed and is published only 20 business days later.
different cut-off times possible for individual distribution partners, but must always be …
Price = NAV per share on this day.
NAV for each Dealing Day, usually available 20 business days after the Dealing Day.
after NAV publication: 22 business days after Valuation 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 —.
| Frequency | monthly |
|---|---|
| Procedure | fully paid-in |
| Valuation day | last business day of the month |
| Cut-off | 15 business days before Valuation day · 13:00 Luxembourg · (before the anchor date) |
| Price | valuation day |
| NAV publication | NAV for each Dealing Day, usually available 20 business days after the Dealing Day. |
| Payment | after NAV publication: 22 business days after Valuation day |
| Minimum investment | USD 10,000 |
| Entry charge (max.) | 5% (distributor) |
| Subscription limit | Closure to new subscriptions possible; Capacity Restricted Dealing with EOI waiting list (section 2.5) |
| Revocation | irrevocable from placement of the order; revocation in the event of a suspension or deferral and during the cooling-off period |
| Business day | no location reference: weekday except New Year's Day, Good Friday, Easter Monday, 24./25./26.12. (p. 8) |
Dates calculated from the prospectus rules (bank holidays: LU); only the transfer agent’s confirmation is binding. Data as at 12 Oct 2026 · Documents: 08.
Units can be redeemed quarterly — with a volume limit (Gate) and without a lock-up. How quickly the money arrives and what happens if many want out at once is set out below.
After the End of Life, no redemption requests for a further 10 months (Notice Period).
NAV per unit less redemption fee (up to 5%)
NAV at previous quarter-end (—)
at the latest 30 business days after NAV publication (—)
A request made today is paid out on — — — days; from the cut-off to cash it is — days.
Money typically within half a year — on average 168 days from decision to cash.
Rank 34 of 112 · rank 8 of 38 in Private Equity · no lock-up · no fixed redemption fee
Confidence high — prospectus complete, dates calculated, no assumptions in the value · prospectus as at 15 Jul 2026 · score run 16 Oct 2026 · How 168 days become 37 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 | quarter-end |
| Notice | 90 calendar days before redemption day · 13:00 Luxembourg |
| Price | quarter-end |
| Payout | 2 business days after NAV publication (latest 30 business days) |
| Gate | 5% net of NAV at the previous quarter-end per quarter; Redemption Cap = the lower of 33.3% of the UCITS-eligible assets and 5% of NAV. |
| Scaled-back portion | carried forward automatically to the next dealing day |
| Redemption fee (max.) | up to 5% (discretionary) |
| Lock-up | none |
| Suspension | Exchange closed or trading restricted; prices cannot be determined; suspension at target fund level |
| Liquidity tools | Redemption Cap under Art. 18 of the ELTIF Regulation with pro-rata scale-back and carry-forward; suspension; extension of payment up to 30 business days. |
| Switch / transfer | Registered units, holding and transfer via clearing systems possible; individual classes may be listed on the Luxembourg Stock Exchange. |
| Compulsory redemption | Compulsory redemption of all units after the End of Life; falling below the minimum holding is deemed an instruction to redeem the entire holding |
the lower of 33.3% of the UCITS-eligible assets and 5% of NAV, applied to the sum of the UCITS-eligible assets and the cash flows projected over twelve months (net per quarter)
The gate is the lower of 33.3% of the UCITS-eligible assets and 5% of NAV (Redemption Cap under Art. 18(2) ELTIF Regulation). It is applied not to the redemptions themselves but to the sum of (i) UCITS-eligible assets and (ii) the cash flows forecast over twelve months; what is limited are the NET redemptions of a quarter. Amounts in excess are scaled back pro rata and deferred to the next redemption date.
Dates calculated from the prospectus rules (bank holidays: LU); only the transfer agent’s confirmation is binding. Data as at 12 Oct 2026 · Documents: 08.
23 classes. All cost and risk figures on this page refer to the basis class A Acc USD; the cheapest class with a cost figure is I Acc USD (0.27%, from 5,000,000 USD).
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. The risk indicator differs by class (3 to 5); the key figures show the value of the basis class.
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) | 2 Mar 2026 | — |
| Factsheet / monthly report | 30 Jun 2026 | — |
| Prospectus | 1 Dec 2025 | — |
| NAV series price feed / provider document | 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 5% gate per quarter. Subscribing today, it takes on average 168 days from decision to cash under the prospectus deadlines; a gate is not factored in.
Ongoing costs of 2.56% p.a. according to the PRIIPs KID for class A Acc USD; the median of the Private Equity funds in this database is 2.60%; plus a performance fee of 12.50%.
10,000 USD in class A Acc USD.
Yes. According to our evidence, the fund is open to retail investors 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 Schroders Capital Semi-Liquid Global Private Equity ELTIF. Under the prospectus a gate of 5% per quarter 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.