Fund database › Private Equity
Schroders CapitalLU2365386486Class A Accumulation USD
This fund was liquidated as of 30 Jun 2026. The liquidation proceeds of USD 60,407,062 were paid out to investors on 14 Jul 2026. Subscriptions and redemptions are no longer possible. The information on this page is historical and is no longer updated.
The sub-fund invested through co-investments in venture and growth companies with a North American focus — as part of the Schroders Capital semi-liquid platform, launched in 2021. It was liquidated as of 30 June 2026.
No redemptions possible any more: the sub-fund was liquidated as of 30 June 2026. From 22 January 2026 subscriptions, redemptions and switches were already closed; redemption requests received after the December dealing day were cancelled. All investors received the liquidation proceeds on 14 July 2026.
No subscriptions possible any more: the sub-fund has been liquidated. It was not registered for distribution in Germany.
Until 2026 one of the few growth-focused semi-liquids with a multi-year record. Its winding-up shows that semi-liquid platforms, too, close individual sub-funds again; the page remains as a record.
Figures for class A Accumulation USD (LU2365386486) · product data 12 Oct 2026 · sources: prospectus (as at Jul 2026), PRIIPs-KID — full list under 08 documents.
Since the data series began in Jun 2025, the unit price has gained 10.2% (cumulative, 1.0 years). The series is still short; valuations of private holdings arrive quarterly and smoothed.
3 monthly values · Source: price feed / provider document, secondary source (data portal) · 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 Oct 2021; a reliable NAV series of the class is available from Jun 2025. series incomplete (3/13 months).
What the prospectus permits: Co-Investments (Early Stage VC, Growth Equity)
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 38.3% of the fund. 32.1% is held in the liquidity reserve.
How the reserve is invested: Amundi MMKT S/T USD 4.7% · Morgan Stanley Liquidity Funds 4.7% · Goldman Sachs Funds PLC 4.7% · 2 more 9.3%.
Focus according to fund documents: Technology & software 100%
Focus according to fund documents: North America 100%
Among the ten largest: 4 co-investments, 4 equity holdings, 1 GP-led secondary; 3 names not disclosed.
Synthesia is a London-based AI company offering a platform for creating videos with AI-generated avatars and voices.
Undisclosed innovation or growth investment held as a co-investment through the Schroders vehicle SC Semi-Liquid Lakefront.
Undisclosed Canadian growth company whose name is withheld due to a non-disclosure agreement (NDA).
Undisclosed US software provider of an AI copilot platform, i.e., software assistants embedded in business applications that use generative AI to support users in their workflows.
Legal entity behind Honeycomb.io, a San Francisco-based software company.
Luxembourg intermediate holding company (SCS) of the Schroders sub-fund through which two positions are held.
Investment vehicle of the London-based growth investor Sprints Capital for the “Ellison” transaction.
Chronos Capital Fund, L.P. is a US venture or private equity fund structured as a limited partnership.
Uniphore develops enterprise AI software for customer interactions, including conversational AI, speech and conversation analytics, and contact center automation.
Vega Co-Invest is a co-investment vehicle (project name “Vega”) holding an equity stake in an undisclosed company.
Positions and shares according to the provider; 3 of 5 names not disclosed; short descriptions by semiliquid.info from public sources; Allocation according to the uniform semiliquid taxonomy; only published values are used, nothing is estimated.
With ongoing costs of 2.52%, class A Accumulation USD is below the median of the asset class (2.60%).
For 10,000 USD this means roughly 252 USD per year.
For 10,000 USD, no charge on purchase.
Based on the PRIIPs key information document of class A Accumulation USD, hence comparable across providers. Median: 35 Private Equity funds in this database, data run 16 Oct 2026.
No subscriptions possible: the fund was liquidated as of 30 Jun 2026.
| Frequency | none |
|---|---|
| Procedure | fully paid-in |
| Price | valuation day |
| Minimum investment | 10,000 USD |
| 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 only in the event of a suspension or deferral |
| Business day | only the general umbrella definition on p. 8 (weekday other than New Year's Day, Good Friday, Easter Monday, 24.-26.12.). |
Data as at 12 Oct 2026 · Documents: 08.
No redemptions possible: the fund was liquidated as of 30 Jun 2026; the liquidation proceeds have been paid out.
No liquidity score — the fund has been liquidated.
| Character | redemption right |
|---|---|
| Frequency | none |
| Notice | 90 days (calendar days) |
| Price | valuation day |
| Gate | 5% gross of NAV per redemption day |
| Scaled-back portion | carried forward automatically to the next dealing day |
| Redemption fee (max.) | 0% |
| Lock-up | no |
| Suspension | Exchange closed or trading restricted; prices cannot be determined; suspension at target fund level |
| Liquidity tools | Deferral from 5% of net assets per Dealing Day (general part 2.7); extension of payment to up to 30 business days; suspension. |
| Switch / transfer | Registered units, holding and transfer via clearing systems possible; individual classes may be listed on the Luxembourg Stock Exchange |
| Compulsory redemption | Falling below the minimum holding is deemed an instruction to redeem the entire holding |
Not (any longer) documented in the provider documents: the sub-fund is no longer included in the umbrella prospectus as at July 2026, and no sub-fund-specific supplement with a redemption cap is available. The figure of 5% of NAV recorded in the database corresponds to the rule applying to the other non-ELTIF sub-funds of the same SICAV, but is not documented for this sub-fund.
5% per quarter (Schroders standard)
Data as at 12 Oct 2026 · Documents: 08.
1 class. All cost and risk figures on this page refer to the basis class A Accumulation 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.
Who is behind the fund, where it may be distributed — and which documents were evaluated.
| Document | As at | Used for |
|---|---|---|
| Prospectus | 1 Dec 2025 | — |
| Factsheet / monthly report | 30 Jun 2026 | — |
| NAV series price feed / provider document, secondary source (data portal) | 30 Jun 2026 | Performance (01) |
| Positions and reserve | 31 Dec 2025 | 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.
Same asset class, similar sub-strategy.
Altaroc · FCPR · semi-monthly
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Ardian · Part II SICAV · quarterly
BlackRock · ELTIF 2.0 · quarterly
Liquidity score in the “as of today” view with average days to cash. No recommendation, no ranking.