Fund database › Private Equity
Tikehau Capital · FR00140102X7
ELTIF 2.0 Private Equity France Article 8
Unit price (NAV) in EUR · share class R-bis EUR · 17 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 return target. PRIIPs scenarios Part R-bis on exit after 8 years: Tension -13.52 % p.a., defavorable -1.02 % p.a., intermediaire +10.72 % p.a., favorable +17.67 % p.a.; return before costs in the moderate scenario 14.18 % p.a. (Note: the performance-fee hurdle of 6 % p.a. is NOT a return target.)
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 6 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 | 2.95% |
| Total ongoing costs | 2.95% |
| Entry charge max. | 0.00% |
| Redemption fee | 0.00% |
| Performance fee | 15.00% |
| Hurdle rate | 6.00% |
| High-water mark | yes |
Median across 31 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.
every 14 days (fortnightly subscription windows)
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 twice monthly; notice must be given 5 days before the date; for the first 36 months after subscription no redemption is possible.
every 14 days (fortnightly redemption windows)
'Seuil de Declenchement' — the management company caps redemption requests where their aggregate amount exceeds the LOWER of the following two thresholds: (i) 4.2 % of the sum of (a) the liquid asset pocket and (b) the expected cash flows under a 12-month forecast; OR (ii) for each individual investor — where that investor's redemption request represents more than 2.1 % of the same sum — 5 % of the net assets held by that investor in the fund. In addition, the management company may temporarily suspend redemptions in exceptional circumstances
'Les demandes de rachat seront transmises (i) via Euroclear ou (ii) par la transmission d'un bulletin de rachat et centralisees par le DEPOSITAIRE, au plus tard a MIDI (12 heures) CINQ (5) JOURS OUVRES AVANT la date d'etablissement de la valeur liquidative consideree.'
HARD lock-up of THREE (3) YEARS from the Date de Premier Closing — 'Les investisseurs n'auront la possibilite de solliciter le rachat de leurs parts qu'a l'issue d'une periode de blocage de trois (3) ans a compter de la Date de Premier Closing, sauf en cas d'Evenements Exceptionnels, tels que definis dans les Statuts.'
Who stands behind the fund, who it is authorised for — and what the figures rest on.
TIKEHAU INVESTMENT MANAGEMENT, a portfolio management company authorised in France, regulated by the AMF under number GP-07000006; registered office 32 rue de Monceau, 75008 Paris
Société Générale (Société Générale Securities Services); also the centralising agent for redemption requests
No launch date in the DIC. Documented: 'Le Fonds a une duree de vie de 99 ans a compter de la date de son immatriculation au Registre du Commerce et des Societes.' Legal form: FPS (fonds d'investissement professionnel specialise) under Art. L. 214-154 et seq. CMF in the form of a société de libre partenariat (SLP); AMF declaration made, AMF authorisation to use the designation 'ELTIF' granted
Part R-bis: 'peuvent etre souscrites par des INVESTISSEURS PROFESSIONNELS au sens des articles L. 533-16 et D. 533-11 du CMF, ou de tout autre investisseur appartenant a une categorie equivalente ... et notamment par des compagnies d'assurance francaises, de mutuelle francaises ou des fonds de retraite professionnelle supplementaire souscrivant (i) avec un objectif d'affecter les parts en representation d'UNITES DE COMPTE ... de contrats d'assurance sur la vie ou de capitalisation, ou de PLANS D'EPARGNE RETRAITE (PER) ... ouverts par leurs clients ou (ii) POUR COMPTE PROPRE.' Retail investors therefore gain access indirectly through unit-linked insurance/PER contracts
France
TWO TIERS POSSIBLE. The fund invests 'directement OU INDIRECTEMENT A TRAVERS DES FONDS DU PORTEFEUILLE' - that is, partly directly in equity/quasi-equity and private debt instruments of eligible companies, partly through units in other ELTIF, EuVECA, EuSEF, UCITS and AIF funds (Art. 10.1(d) ELTIF Regulation). To the extent that investment is made via target funds, additional fees arise at that level; the DIC does not quantify this separately - not documented. NOTE ON A THIRD LEVEL: the fund can be subscribed only as a unit of account within insurance/PER contracts; according to the DIC, the insurer's contract costs are expressly charged IN ADDITION
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.