Borgline Logo
Back to funds

KlimaVest ELTIF

KLV100

Overview

Legal Name:
KlimaVest ELTIF EUR Distribution Fund
Manager:
Commerz Real
Website:
commerzreal.com
Fundraising Status:
Open
Domicile:
Luxembourg
Legal Form:
Lux FCP
Regulatory Regimes:
ELTIF, Lux UCI (Part II)
Term:
Perpetual-Life
Base Currency:
EUR
Launch Year:
2020
Inception Date:
Oct 28, 2020
Target Net Return:
4.5%
Size:
€1.8B (as of Feb 28, 2026)
No. of Investments:
45 (as of Feb 28, 2026)
Investor Eligibility Segments:
Institutional, Professional / Accredited, Retail

Strategy

klimaVest is an open-ended European infrastructure fund investing directly in renewable-energy and related energy-transition assets, primarily onshore wind, solar PV, battery storage and power transmission/distribution networks. The portfolio is European and diversified across multiple countries. Investments are typically equity interests in project SPVs backed by long-term PPAs or regulated tariffs. The strategy targets stable income and measurable climate-change mitigation and adaptation aligned with EU Taxonomy and Paris Agreement goals.

Asset Classes:
Infrastructure
Strategy:
Core Plus (Infra)
Underlying Investment Type:
Direct investments
Geographic Focus Region:
Europe
Geographic Focus:
Germany, Spain, Finland, France, Sweden, Ireland
Sector Focus (GICS):
Utilities
Sector Focus (not standardized):
Wind Onshore, Solar, Power Grids
Other Focus:
ESG Investment Focus
Leverage Limits Summary:
Fund-level debt capped at 30% of fund capital; average portfolio company leverage 60% GAV; AIFMD caps 2.0x gross/1.65x commitment.

Performance

for klimaVest share class

Total Returns (% Net of Fees)

Net returns (since inception)klimaVest
Total Return9.6%
Annualized Return3.7%
Best Month(Nov 2025)4.6%
Worst Month(Jan 2026)0.2%
Risk metrics (since inception)
Volatility7.3%
Sharpe Ratio (4.3% risk-free)-0.08
Yearly returns (since inception)

Allocations

Sector allocation

Sector

as of Feb 28, 2026
Target

Sector

as of Feb 28, 2026

Unlock full fund profile

Get access
Over time

Sector

Unlock full fund profile

Get access

Geography allocation

Geography

as of Feb 28, 2026
Target

Geography

as of Feb 28, 2026

Unlock full fund profile

Get access
Over time

Geography

Unlock full fund profile

Get access

Strategy allocation

Strategy

as of Aug 31, 2024
Target

Strategy

as of Aug 31, 2024

Unlock full fund profile

Get access
Over time

Strategy

Unlock full fund profile

Get access

Key terms

for klimaVest share class
Share Class
Minimum Subsribtion:
€10,000
Currency:
EUR
Inception Date:
Oct 28, 2020
Distribution Type:
Distributing
Investor Type:
Retail
ISIN:
LU2183939003
Liquidity
Gate:
Redemptions may be suspended if fund liquidity falls below 5% of NAV or is otherwise insufficient.
Gate Level:
Available liquidity
Redemption Frequency:
Daily
Redemption Basis:
NAV per share
Subscribtion Frequency:
Daily
Subscribtion Basis:
NAV per share
Dividend Distribution Frequancy:
Annual
Fees
Management Fee:
1.80%
Maximum rate.
Management Fee Basis:
NAV
Performance Fee:
0.00%
Performance Fee Basis:
N/A
Front load (subscription):
5.00%
Maximum; collected once on subscription amount at purchase; may be lower in individual cases.
Back load (redemption):
0.00%

Share classes

NameMin. SubscriptionCurrencyInceptionDistributionInvestor TypeISINBBG Ticker
klimaVest
10,000 EUR
EUR
2020-10-28
Distributing
Retail
LU2183939003
-

FAQ

What is KlimaVest ELTIF?
KlimaVest ELTIF is an evergreen ELTIF fund focused on Infrastructure and managed by Commerz Real.
Who manages KlimaVest ELTIF?
KlimaVest ELTIF is managed by Commerz Real, based in Wiesbaden, Germany.
How big is KlimaVest ELTIF?
KlimaVest ELTIF has a size of €1.8B.
What type of fund is KlimaVest ELTIF?
KlimaVest ELTIF is an open-ended / evergreen ELTIF fund investing in infrastructure and domiciled in Luxembourg.
When was KlimaVest ELTIF launched?
KlimaVest ELTIF was launched on Oct 28, 2020 and is structured as a Lux FCP vehicle with a perpetual-life term.
Where is KlimaVest ELTIF domiciled and regulated?
KlimaVest ELTIF is domiciled in Luxembourg under ELTIF and Lux UCI (Part II).

Data transparency

Borgline's fund database is powered by a dedicated analyst team that systematically sources, verifies, and maintains fund information from document-based disclosures, delivering clear, current, and fully auditable data.

  • Verified across sources
  • Systematic quality checks
  • Data continuously monitored

Where does Borgline get its fund data from?

Borgline sources fund data from fund manager reports, regulatory filings, offering documents, investor reports, and information obtained through Freedom of Information Act (FOIA) requests.

How often is the data updated?

Borgline continuously monitors fund manager communications, regulatory filings, and other primary data sources and updates fund records whenever new or corrected information is released.

How does Borgline ensure data accuracy?

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.

Want full data on all funds?
Get access

Ready to get started?

Contact us to design a custom package for your needs. We usually respond within 2 hours.

Always up to date

Maintained evergreen fund launches, performance, and managers info

Deepest coverage

Database of evergreen private funds and LPs globally

Explore our data