Fund database › Private Equity
PeqanFR0014012Y24Class A1
Peqan Convictions Evergreen is a fund of funds pooling access to international private-equity managers — as a French FCPR in evergreen format, launched in 2026, accumulating, with no performance fee at fund level.
After a two-year lock-up from launch, redemptions are possible monthly — a tightly set monthly ceiling caps payouts. Subscription is ongoing through the manager's digital platform.
Subscription from EUR 10,000 for retail and professional investors, recommended holding period five years; not registered for distribution in Germany.
The youngest representative of the French FCPR evergreens — with a shorter lock-up than its compatriots Altaroc and Sienna and a monthly rather than semi-monthly rhythm: a middle path between the Paris block model and the Luxembourg gate standard.
Figures for class A1 (FR0014012Y24) · product data 19 Aug 2026 · sources: prospectus (as at 28 May 2026), PRIIPs-KID — full list under 08 documents.
No documented NAV series in the database.
What the prospectus permits: Investments exclusively in third-party semi-liquid AIFs/evergreen funds; no direct investments. Target managers named including LGT, Hamilton Lane, Neuberger Berman, Blackstone, Coller Capital, HarbourVest, Carlyle, Pantheon
Taxonomy of semiliquid.info; only published values are used, nothing is estimated. The actual portfolio breakdown is in 03 Portfolio.
8 holdings; the largest are Blackstone (semi-liquid PE evergreen fund), Hamilton Lane (semi-liquid evergreen fund), Carlyle AlpInvest (semi-liquid evergreen fund).
Focus according to fund documents: Diversified, no sector breakdown 100%
Focus according to fund documents: Global, not broken down 100%
Among the largest positions: 8 primary funds.
Interest in a semi-liquid private equity evergreen fund of Blackstone (New York), the world's largest alternative asset manager.
Interest in a semi-liquid evergreen fund of Hamilton Lane, a US private markets specialist headquartered in Conshohocken (Pennsylvania).
Interest in a semi-liquid evergreen fund of Carlyle AlpInvest, The Carlyle Group's private equity solutions platform based in Amsterdam and New York.
Interest in a semi-liquid evergreen fund of Coller Capital, a London-based secondaries specialist founded in 1990 and one of the largest secondary investors worldwide.
Interest in a semi-liquid evergreen fund managed by Pantheon, a global private markets investor founded in 1982 and headquartered in London.
Interest in a semi-liquid evergreen fund of HarbourVest Partners (Boston), a global private markets investor in primaries, secondaries and co-investments.
LGT Capital Partners is the alternative investments arm of Liechtenstein's LGT Group, headquartered in Pfäffikon (Schwyz), focusing on private markets funds of funds …
Interest in an unspecified semi-liquid evergreen private equity fund managed by Neuberger Berman, an independent, employee-owned asset manager based in New York.
Positions and shares according to the provider; weights of the holdings are not reported; short descriptions by semiliquid.info from public sources; Allocation according to the uniform semiliquid taxonomy; only published values are used, nothing is estimated.
Cost figures of the main class according to provider documents. There is no performance fee.
For 10,000 EUR, a one-off up to 500 EUR on purchase.
Based on the PRIIPs key information document of class A1, hence comparable across providers.
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 7 business days later.
Validation only after KYC/AML and receipt of funds, no fixed deadline
Price = NAV per share on this day.
VL as at the last calendar day of the month.
pre-funding: 15 business days before 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 calendar day of the month |
| Cut-off | 15 business days before Valuation day · (before the anchor date) |
| Price | next NAV after centralisation |
| NAV publication | VL as at the last calendar day of the month (Art. 14.2); Date de Publication within 7 business days after the Date d Etablissement de la VL |
| Payment | pre-funding: 15 business days before Valuation day |
| Minimum investment | 10000 EUR |
| Entry charge (max.) | 5% (distributor) |
| Subscription limit | Suspension of subscriptions possible, including where the subscriptions of the last 12 months exceed 30% of net assets or the quota is at risk |
| KYC / documents | Validation only after KYC/AML and receipt of funds, no fixed deadline |
| Business day | Jour Ouvre = tout jour ou les banques sont ouvertes a Paris (France), hors samedis, dimanches, jours feries (p. 58) |
Dates calculated from the prospectus rules (bank holidays: FR); only the transfer agent’s confirmation is binding. Data as at 19 Aug 2026 · Documents: 08.
Units can be redeemed monthly — with a volume limit (Gate), lock-up 24 months. How quickly the money arrives and what happens if many want out at once is set out below.
Lock-up of 2 years from constitution, exception for Evenements Exceptionnels subject to evidence.
Price = NAV per share on this day.
Redemptions are possible only after the two-year lock-up (exception: Evenements Exceptionnels).
valuation day
A request made today is paid out on — — — days; from the cut-off to cash it is — days.
Money typically only after more than a year — on average 704 days from decision to cash.
Rank 81 of 112 · rank 28 of 38 in Private Equity · 21 months lock-up · no fixed redemption fee
Money typically within a quarter — on average 66 days from decision to cash.
21 months lock-up — expired for existing holdings · no fixed redemption fee
Confidence high — prospectus complete, dates calculated, no assumptions in the value · prospectus as at 28 May 2026 · score run 16 Oct 2026 · How 704 days become 9 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 | monthly |
| Valuation day | last calendar day of the month |
| Notice | 25 business days before Valuation day · 12:00 Paris |
| Price | next NAV after centralisation |
| Payout | 10 business days after valuation day |
| Gate | 2% gross of NAV per month |
| Scaled-back portion | carried forward automatically to the next dealing day |
| Redemption fee (max.) | 0% |
| Lock-up | fund-level, 24 months (the constitutive documents) |
| Suspension | exceptional circumstances; investors' interests; pre-liquidation |
| Liquidity tools | Gate of 2% per month; extension of the notice period to max 90 calendar days (AIFMD 2); suspension |
| Switch / transfer | permitted with the consent of the management company, pre-emption procedure; no stock exchange listing |
| Compulsory redemption | in the case of a US person or regulatory concerns (Art. 11.6) |
Redemptions are possible only after the two-year lock-up (exception: Evenements Exceptionnels). Thereafter the centralised requests are in principle met only up to 2% of the fund's net assets per month (Plafond des Rachats).
The reference figure for the 2% Gate is the fund's net asset value per centralisation date; the worked example in the management regulations expressly refers to the 'dernier Actif Net publie du Fonds a Date de Centralisation des Rachats', i.e. to the last published net asset value and not to the NAV of the redemption day.
Dates calculated from the prospectus rules (bank holidays: FR); only the transfer agent’s confirmation is binding. Data as at 19 Aug 2026 · Documents: 08.
13 classes. All cost and risk figures on this page refer to the basis class A1.
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.
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) | 12 May 2026 | — |
| Positions and reserve | 2 Sep 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 monthly, notice period 25 business days before Valuation day, with 2% gate per month. Subscribing today, it takes on average 704 days from decision to cash under the prospectus deadlines; a gate is not factored in.
From 1,000 EUR in the smallest class in EUR.
As at 16 Oct 2026, no redemption restriction is documented for the Peqan Convictions Evergreen. Under the prospectus a gate of 2% per month 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.