The Private Equity investment group gives investors the opportunity to invest in a globally and broadly diversified private equity portfolio. When choosing suitable investments, the focus falls on indirect secondary investments with a high rate of investment (usually between 70% and 80%). On occasion we also invest in primary investments. The private equity investments focus on buyout and growth capital strategies in developed markets.
The portfolio should be completely built up within two years from its launch at the end of 2014. After this, the maximum allocation per private equity fund will be 15% of the total capital commitment.
The objective is to outperform the public equity markets by 3 to 5%, in spite of the lower risk (lower volatility).
The investment group is managed as an open or evergreen fund. This structure guarantees a high degree of flexibility regarding the subscription and redemption of units (both can be done annually) as well as immediate and ongoing allocation to private equity projects with little effort on the part of the investor. It has a perpetual duration. The regulated Swiss legal structure guarantees access to a diversified private equity portfolio.
As the fee model is based on the invested capital (net asset value), a high level of transparency is guaranteed.
BlackRock Asset Management Switzerland Limited in Zurich is the strong partner at our side managing the Private Equity investment group. BlackRock has been successfully managing private equity assets since 1995. In addition to 150 direct investments worth around USD 3.7 billion, it also manages indirect capital commitment through more than 360 target fund managers for USD 18.7 billion.