Fund database › Infrastructure
Blackstone · LU3195989010
ELTIF 2.0 Infrastructure Luxembourg; supervisor: Commission de Surve Article 8 16 share classes ↓ Secondaries Primaries / Target Funds
Unit price (NAV) in USD · share class I-A-USD · 6 data points
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.
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 official target return. Moderate KID scenario for class I-D-EUR: 8.7 % p.a. net over the recommended holding period of 8 years.
Provider figure or KID scenario — not a forecast by semiliquid.info. Target returns are not guaranteed.
What the fund does and how the portfolio is put together.
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.
Strategy
The basis is the PRIIPs KID of the share class we track — which makes it comparable across providers.
| Management fee | 1.25% |
| Total ongoing costs | 1.80% |
| Entry charge max. | 0.00% |
| Redemption fee | 5.00% |
| Performance fee | 12.50% |
| Hurdle rate | 5.00% |
| High-water mark | yes |
Median across 19 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 you get into the fund, and on what terms.
Monthly - subscription at the NAV per unit of the last calendar day of the immediately preceding month
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 60 days before the date; on each date the fund redeems at most 3 % of fund assets; for the first 24 months after subscription no redemption is possible.
The gate caps redemptions at 3 % 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.
Quarterly - NAV per unit as at the last calendar day of the respective quarter
3 % of the aggregate NAV across the parallel vehicles per calendar quarter
60 days
Soft lock of 24 months (early repurchase discount on redemption within 24 months)
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.
16 classes known. All cost and risk figures on this page apply to LU3195989010.
| ISIN | Status | Min. investment | Ongoing costs | SRI |
|---|---|---|---|---|
| LU3195989010 | basis of this page | USD 10,000 | 1.80% | 4/7 |
| LU3195989523 | documented | USD 25 | 9.00% | 4/7 |
| LU3195989101 | documented | not documented | 9.00% | 4/7 |
| ISIN | Status | Min. investment | Ongoing costs | SRI |
|---|---|---|---|---|
| LU3195988988 | documented | USD 10,000 | 9.90% | 4/7 |
| LU3195988806 | documented | USD 10,000 | 9.90% | 4/7 |
| LU3195989440 | documented | USD 10,000 | 9.00% | 4/7 |
| LU3195989366 | documented | USD 10,000 | 9.90% | 4/7 |
| LU3195989283 | documented | USD 10,000 | 9.90% | 4/7 |
| LU3235828152 | documented | USD 10,000 | not documented | 4/7 |
| LU3235828236 | documented | USD 10,000 | not documented | 4/7 |
Who stands behind the fund, who it is authorised for — and what the figures rest on.
Blackstone Europe Fund Management S.a r.l.; depositary and administrator: CACEIS Bank, Luxembourg Branch.
CSSF authorisation 14 Aug 2025; inception 2 Jan 2026 (launch year 2026); establishment of the structure publicly announced at the beginning of October 2025
Eligible retail investors as well as professional and institutional investors; institutional, advisory, intermediary (IF), non-voting and Italian share classes
Available to eligible investors in the countries of the European Economic Area as well as in Australia, Guernsey, Hong Kong, Israel, Jersey, Monaco, New Zealand, Singapore, Switzerland, the United Arab Emirates and the United Kingdom. According to the available information, distribution covers 27 European countries (including Germany, Austria, Belgium, the Czech Republic, Denmark).
Multi-tiered: the investor subscribes for the Luxembourg ELTIF (BXINFRA Lux), which invests through an 'aggregator' in the Blackstone infrastructure strategy; the hurdle and the performance participation are measured at aggregator NAV level. Alongside this, the strategy invests among other things through primary commitments to commingled funds and secondary positions - at this target-fund level the fees of the target funds are incurred in addition. An explicit anti-double-charging rule (as at Brookfield BII) is not documented in the publicly accessible sources: n/a
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.
Same asset class, sorted by overlap of sub-strategy — no recommendation, no ranking.