
Managed by Pictet Group

Fund Size
€253M
Target Return
N/A
Annualized Return
N/A
Launch Year
2024
Min. Investment
€10,000
Availability
Closed
Structure
SICAV (ELTIF)
Product Category
Closed-end
Domicile
Luxembourg
GP Type
Single
Liquidity Level
Low (5+ years)
Management Fee
N/A
Carry
N/A
ISIN
LU2776892783
Currencies
EUR
Investor Eligibility
Retail
Liquidity Options
None
Pictet Private Assets SICAV – Environment Co-Investment Fund I ELTIF is Pictet’s first ELTIF: a closed-end Luxembourg vehicle launched by Pictet Alternative Advisors on 22 April 2024, making 20-25 private equity co-investments in environmental technology. It held its final close on 14 July 2026 at USD 253 million, above its USD 200 million target, and is now closed to new subscriptions.
Committed Capital
$253M
Above the $200M target
Deployed
~50%
Across 8 transactions at close
Target Portfolio
20–25
Minority co-investments
GP Network
90+
300+ co-investments since 1992
Retail Minimum
€10,000
R EUR class, ISIN LU2776892783
SFDR
Article 8
Min. 80% sustainable investments target
| Deal Types | Buyout, late-stage growth, selective late-stage venture; minority stakes alongside sponsors |
| Segments | Electrification, waste, water, resource efficiency, environmental services (Planetary Boundaries framework) |
| Geography | Majority North America and Europe |
| Managers | Pierre Stadler (Head of Thematics Private Equity), Nicolas Thomas (Principal Thematics) |
| Status | Closed-end; no ongoing redemption facility; closed to new investors since 14 July 2026 |
Capital was raised from insurance companies, pension funds, family offices and private clients across Europe, Asia, North America and the Middle East. As the fund is closed, it serves primarily as a reference point for Pictet’s private-markets ELTIF platform rather than as an accessible investment; fee terms were not publicly disclosed in the sources reviewed.
This is an unverified fund profile written by FundScouter and may contain inaccuracies.
Are you affiliated with this fund? Claim this fund to verify and manage your fund profile.