Managed by Fundcraft France and initially distributed exclusively by Rhétorès Finance, the vehicle will combine primary and secondary investments, with monthly subscriptions and quarterly redemptions.
The partnership will also develop products for wealth investors, beginning with an evergreen private equity secondaries fund expected in the coming weeks.
We dive into EPME, outlining the investment strategy, capital flow policy, and other details of the Partners Group-managed vehicle.
The offering provides a platform for the bank's high-net-worth clients to access Carlyle's global private equity strategies, including secondary investment opportunities.
The fund has already secured a $125 million anchor commitment from Beedie Capital following its acquisition of a 50% stake in Vistara.
The vehicle will invest at least 85% of its capital in a Partners Group ELTIF, which focuses on private equity direct and secondary investments.
The Dutch investment manager is expanding into GP stakes investing while also developing a dedicated open-ended strategy for managing secondary investments.
The open-ended vehicle, available in nine European countries, is accessible from €100,000 in Switzerland.
The semi-liquid open-ended fund will invest across developed markets primarily through secondaries.
The platform is established in partnership with AIG, which serves as a cornerstone investor contributing up to $1.5 billion from its existing portfolio.
