EQT Nexus Fund

ENXF

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Overview Strategy Performance Allocations Key terms Share classes FAQ

Overview

Legal Name:

EQT Nexus Fund SICAV – ENXF SICAV - I

Manager:

EQT

Website:

https://eqtgroup.com/

Fundraising Status:

Open

Domicile:

Luxembourg

Legal Form:

Lux SICAV (S.A.)

Regulatory Regimes:

Lux UCI (Part II), EU AIF

Term:

Perpetual-Life

Base Currency:

EUR

Launch Year:

2023

Inception Date:

Jul 3, 2023

Target Net Return:

12-15%

Size:

€1.8B (as of Feb 28, 2026)

No. of Investments:

181 (as of Feb 28, 2026)

Administrator:

The Bank of New York Mellon SA/NV, Luxembourg Branch

Investor Eligibility Segments:

Institutional, Professional / Accredited, Retail

Permitted Distribution Countries:

Relevant EEA member states, Sweden, Luxembourg, United Kingdom, Switzerland

Strategy

ENXF invests primarily in or alongside EQT-sponsored private equity, value‑add infrastructure, growth, venture and real estate funds globally, with emphasis on Europe and North America and meaningful healthcare and technology exposure. The semi‑liquid, open‑ended vehicle combines primary fund commitments, selective secondaries and discretionary co‑investments, complemented by a liquidity sleeve of public and private debt and other securities to support capital deployment and redemptions.

Asset Classes:

Private Equity

Strategy:

Buyout (PE), Growth Equity (PE)

Underlying Investment Type:

Primary Fund Commitments, Co-Investments, Secondaries

Geographic Focus Region:

Europe

Geographic Focus:

Europe, North America, Asia-Pacific

Sector Focus (GICS):

Information Technology, Health Care, Consumer Discretionary, Industrials

Sector Focus (not standardized):

Information Technology, Healthcare, Consumer Discretionary, Industrials, Utilities, Communication, Financials, Consumer Staples

Other Focus:

Majority Stake, ESG Investment Focus

Leverage Limits Summary:

May incur fund-level indebtedness subject to 30% Leverage Ratio.

Investment Limits Summary:

No more than 20% of NAV per single Investment.

Performance

for A EUR-Z share class

Total Returns (% Net of Fees)

Net returns (since inception)	A EUR-Z
Total Return	27%
Annualized Return	9.4%
Best Month	(Jul 2023)6.4%
Worst Month	(Apr 2025)-2.5%
Risk metrics (since inception)
Volatility	7.5%
Sharpe Ratio (4.3% risk-free)	0.68

Yearly returns (since inception)

Allocations

Strategy allocation

Strategy

as of Feb 28, 2026Include liquidity sleeve

Target

Strategy

as of Feb 28, 2026

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Strategy

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Sector allocation

Sector

as of Feb 28, 2026Include liquidity sleeve

Target

Sector

as of Feb 28, 2026

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Sector

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Underlying Investment Type allocation

Underlying Investment Type

as of Feb 28, 2026Include liquidity sleeve

Target

Underlying Investment Type

as of Feb 28, 2026

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Underlying Investment Type

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Geography allocation

Geography

as of Feb 28, 2026Include liquidity sleeve

Target

Geography

as of Feb 28, 2026

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Geography

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Key terms

for A EUR-Z share class

Share Class

Minimum Subsribtion:

€25,000

Currency:

EUR

Inception Date:

Jun 30, 2023

Distribution Type:

Accumulating

Investor Type:

Professional / Accredited

ISIN:

LU2617119313

Liquidity

Gate:

5% of Fund NAV per quarter.

Gate Level:

Fund level NAV

Redemption Frequency:

Quarterly

Redemption Basis:

NAV per Share as of the last calendar day of the quarter.

Subscribtion Frequency:

Monthly

Subscribtion Basis:

NAV per Share as of the last business day of the preceding month.

Fees

Management Fee:

1.35%

Management Fee Basis:

Adjusted NAV

The greater of: the applicable Fund’s NAV, attributable to the relevant Share Class, and the applicable Fund’s NAV, less cash and cash equivalents but plus the total of all capital commitments made by the applicable Fund but not yet drawn from the applicable Fund for investment, attributable to the relevant Share Class;

Performance Fee:

15.00%

Over 5% annual hurdle; monthly accrual, measured and settled quarterly

Performance Fee Basis:

Distributions, Change in aggregate NAV

Total Return on Co-Investment Vehicles net of fees; excludes FX/hedging impact; quarterly measurement with loss carryforward.

Hurdle rate:

5.00%

IRR on Co-Investment NAV incl. distributions; quarterly; accruing monthly; prorated; Hurdle Amount not carried forward; loss-carryforward HWM.

Catch-up:

100.00%

100% catch-up until Carried Interest Recipient has 15% of Hurdle Amount plus catch-up; then 15% of remaining Excess Profits.

Front load (subscription):

5.00%

Up to 5% of subscription amount; deducted from subscription; paid to fund; intermediaries may charge additional upfront fees.

Back load (redemption):

5.00%

If redeemed within 18 months of issuance.

Servicing fee:

0.85%

On class NAV; calculated monthly in arrears; borne by fund for shareholder servicing.

Management Fee:	1.35%
Management Fee Basis:	Adjusted NAV	The greater of: the applicable Fund’s NAV, attributable to the relevant Share Class, and the applicable Fund’s NAV, less cash and cash equivalents but plus the total of all capital commitments made by the applicable Fund but not yet drawn from the applicable Fund for investment, attributable to the relevant Share Class;
Performance Fee:	15.00%	Over 5% annual hurdle; monthly accrual, measured and settled quarterly
Performance Fee Basis:	Distributions, Change in aggregate NAV	Total Return on Co-Investment Vehicles net of fees; excludes FX/hedging impact; quarterly measurement with loss carryforward.
Hurdle rate:	5.00%	IRR on Co-Investment NAV incl. distributions; quarterly; accruing monthly; prorated; Hurdle Amount not carried forward; loss-carryforward HWM.
Catch-up:	100.00%	100% catch-up until Carried Interest Recipient has 15% of Hurdle Amount plus catch-up; then 15% of remaining Excess Profits.
Front load (subscription):	5.00%	Up to 5% of subscription amount; deducted from subscription; paid to fund; intermediaries may charge additional upfront fees.
Back load (redemption):	5.00%	If redeemed within 18 months of issuance.
Servicing fee:	0.85%	On class NAV; calculated monthly in arrears; borne by fund for shareholder servicing.

Share classes

Name	Min. Subscription	Currency	Inception	Distribution	Investor Type	ISIN	BBG Ticker
A EUR-Z	25,000 EUR	EUR	2023-06-30	Accumulating	Professional / Accredited	LU2617119313	-
Class B eg	250,000 EUR	EUR	15 Mar 2018	Accumulating	Institutional	LU1987654321	FUND B LX
Class C Example	500,000 USD	USD	01 Jun 2019	Distributing	Professional	IE0123456789	FUND C ID
Class D eg.	100,000 GBP	GBP	22 Sep 2020	Accumulating	Institutional	GB00ABCDEF12	FUND D LN
Class E Example	25,000 EUR	EUR	03 Jan 2021	Distributing	Retail	LU9988776655	FUND E LX
Class F Example	1,000,000 USD	USD	10 Nov 2017	Accumulating	Institutional	US1234567890	FUND F US

FAQ

What is EQT Nexus Fund?

EQT Nexus Fund is an evergreen Lux UCI fund focused on Private Equity and managed by EQT.

Who manages EQT Nexus Fund?

EQT Nexus Fund is managed by EQT, based in Stockholm, Sweden.

How big is EQT Nexus Fund?

EQT Nexus Fund has a size of €1.8B.

What type of fund is EQT Nexus Fund?

EQT Nexus Fund is an open-ended / evergreen Lux UCI fund investing in private equity and domiciled in Luxembourg.

When was EQT Nexus Fund launched?

EQT Nexus Fund was launched on Jul 3, 2023 and is structured as a Lux SICAV (S.A.) vehicle with a perpetual-life term.

Where is EQT Nexus Fund domiciled and regulated?

EQT Nexus Fund is domiciled in Luxembourg under Lux UCI (Part II) and EU AIF.

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Borgline's analyst team cross-checks key figures across independent documents and updates the database only when data is confirmed against the latest, most authoritative disclosures.

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