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Partners Group Private Markets Evergreen SICAV - PG Private Equity Opportunities
PG PEO
Overview
Legal Name:
Partners Group Private Markets Evergreen SICAV – Partners Group Private Equity Opportunities
Manager:
Partners Group
Website:
Fundraising Status:
Open
Domicile:
Luxembourg
Legal Form:
Lux SICAV (S.A.)
Regulatory Regimes:
ELTIF, EU AIF, Lux UCI (Part II)
Term:
100 years
Base Currency:
USD
Launch Year:
2024
Inception Date:
Apr 2, 2024
Target Net Return:
10–14%
Size:
$174.4M (as of Dec 31, 2025)
No. of Investments:
24 (as of Dec 31, 2025)
Administrator:
Northern Trust Global Services SE
Investor Eligibility Segments:
Institutional, Professional / Accredited, Retail
Permitted Distribution Countries:
European Economic Area (EEA), Switzerland, United Kingdom, United Arab Emirates (Dubai International Financial Centre), Israel
Strategy
PG PEO is an evergreen private equity sub-fund investing mainly in direct and co-investment stakes in companies, complemented by primary and secondary commitments to private equity funds and listed private equity. The portfolio is globally diversified with a strong European focus, targeting healthcare, consumer, industrials, technology and related sectors, and emphasises platform-building, operational improvement and downside-protected, asset-backed transactions within a broadly diversified structure.
Asset Classes:
Private Equity
Strategy:
Buyout (PE)
Underlying Investment Type:
Direct investments, Secondaries, Primary Fund Commitments
Geographic Focus Region:
Europe
Geographic Focus:
Europe, North America, Asia-Pacific
Sector Focus (GICS):
Diversified
Sector Focus (not standardized):
Consumer Discretionary, Diversified, Consumer Staples, Industrials, Health Care, Information Technology, Financials
Other Focus:
ESG Investment Focus, Majority Stake
Leverage Limits Summary:
Borrowing up to 50% of NAV; expected leverage up to 410% gross and 200% commitment for investment and liquidity.
Investment Limits Summary:
No more than 20% of capital per Eligible Investment Asset; 10% per UCITS asset.
Performance
for I (USD) share class
Total Returns (% Net of Fees)
Total Returns (% Net of Fees)
| Net returns (since inception) | I (USD) |
|---|---|
| Total Return | 35.9% |
| Annualized Return | 19.1% |
| Best Month | (Dec 2025)2.9% |
| Worst Month | (Apr 2025)-1.5% |
| Risk metrics (since inception) | |
| Volatility | 3.8% |
| Sharpe Ratio (4.3% risk-free) | 3.86 |
Yearly returns (since inception)
Allocations
Sector allocation
Sector
as of Dec 31, 2025
Target
Sector
as of Dec 31, 2025
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Underlying Investment Type
as of Dec 31, 2025
Target
Underlying Investment Type
as of Dec 31, 2025
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Geography
as of Dec 31, 2025
Target
Geography
as of Dec 31, 2025
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Get accessKey terms
for I (USD) share class
Share Class
Minimum Subsribtion:
$1M
Currency:
USD
Inception Date:
Mar 31, 2024
Distribution Type:
Accumulating
Investor Type:
Institutional
ISIN:
LU2716886440
Liquidity
Gate:
5% of NAV of Shares outstanding per calendar quarter.
Gate Level:
Fund level NAV
Redemption Frequency:
Quarterly
Redemption Basis:
NAV per Share as of the quarter-end Valuation Day
Subscribtion Frequency:
Monthly
Subscribtion Basis:
NAV per Share as of the last calendar day of the preceding month
Fees
Management Fee:
1.50%
Calculated monthly, paid quarterly in arrears
Management Fee Basis:
NAV + unfunded commitments
Commitments made by Sub-Fund (directly/indirectly) but not yet drawn; attributable to share class
Performance Fee:
15.00%
subject to High Water Mark; calculated/paid monthly in arrears; net-positive NAV/share incl paid-out distributions vs HWM
Performance Fee Basis:
Change in NAV, Distributions
Net-positive difference between NAV/share (including paid-out distributions) and High Water Mark; HWM=max last crystallised NAV/share after perf fee, initial subscription price
Hurdle rate:
0.00%
High Water Mark only.
Catch-up:
0.00%
High Water Mark only.
Front load (subscription):
5.00%
Up to 5% of Subscription Price; Intermediary fees/commissions may apply outside the Fund.
Back load (redemption):
5.00%
Of Redemption Price.
Servicing fee:
0.10%
Payable quarterly out of Sub-Fund assets; max 10 bps p.a. of NAV.
| Management Fee: | 1.50% | Calculated monthly, paid quarterly in arrears |
| Management Fee Basis: | NAV + unfunded commitments | Commitments made by Sub-Fund (directly/indirectly) but not yet drawn; attributable to share class |
| Performance Fee: | 15.00% | subject to High Water Mark; calculated/paid monthly in arrears; net-positive NAV/share incl paid-out distributions vs HWM |
| Performance Fee Basis: | Change in NAV, Distributions | Net-positive difference between NAV/share (including paid-out distributions) and High Water Mark; HWM=max last crystallised NAV/share after perf fee, initial subscription price |
| Hurdle rate: | 0.00% | High Water Mark only. |
| Catch-up: | 0.00% | High Water Mark only. |
| Front load (subscription): | 5.00% | Up to 5% of Subscription Price; Intermediary fees/commissions may apply outside the Fund. |
| Back load (redemption): | 5.00% | Of Redemption Price. |
| Servicing fee: | 0.10% | Payable quarterly out of Sub-Fund assets; max 10 bps p.a. of NAV. |
FAQ
What is Partners Group Private Markets Evergreen SICAV - PG Private Equity Opportunities?
Partners Group Private Markets Evergreen SICAV - PG Private Equity Opportunities is an evergreen ELTIF fund focused on Private Equity and managed by Partners Group.
Who manages Partners Group Private Markets Evergreen SICAV - PG Private Equity Opportunities?
Partners Group Private Markets Evergreen SICAV - PG Private Equity Opportunities is managed by Partners Group, based in Baar, Switzerland.
How big is Partners Group Private Markets Evergreen SICAV - PG Private Equity Opportunities?
Partners Group Private Markets Evergreen SICAV - PG Private Equity Opportunities has a size of $174.4M.
What type of fund is Partners Group Private Markets Evergreen SICAV - PG Private Equity Opportunities?
Partners Group Private Markets Evergreen SICAV - PG Private Equity Opportunities is an open-ended / evergreen ELTIF fund investing in private equity and domiciled in Luxembourg.
When was Partners Group Private Markets Evergreen SICAV - PG Private Equity Opportunities launched?
Partners Group Private Markets Evergreen SICAV - PG Private Equity Opportunities was launched on Apr 2, 2024 and is structured as a Lux SICAV (S.A.) vehicle with a 100 years term.
Where is Partners Group Private Markets Evergreen SICAV - PG Private Equity Opportunities domiciled and regulated?
Partners Group Private Markets Evergreen SICAV - PG Private Equity Opportunities is domiciled in Luxembourg under ELTIF, EU AIF, and Lux UCI (Part II).
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