Act IPulse
No completed tender windows on record — the streak and request arithmetic begin with the fund's first filed result
No distributions on record
Strategy mix · % of net assets
| Co-investment · 21 | 91.8% |
| Cash · 2 | 8.2% |
| Exposure | Kind | Sector | Geography | Fair value | % |
|---|---|---|---|---|---|
| Neogov | Co-investment | Information Technology | North America | $99.6M | 12.4% |
| Fortnox | Co-investment | Information Technology | Europe | $84.7M | 10.5% |
| IFS | Co-investment | Information Technology | Europe | $53.0M | 6.6% |
| Nord Anglia | Co-investment | Consumer Discretionary | APAC | $46.2M | 5.7% |
| Avetta | Co-investment | Information Technology | North America | $41.4M | 5.1% |
| Fujitec | Co-investment | Industrials | APAC | $38.3M | 4.8% |
| Coches.net | Co-investment | Information Technology | Europe | $37.0M | 4.6% |
| Adalvo | Co-investment | Health Care | Europe |
Modules shown reflect what this fund discloses — questions that don't apply to this vehicle type are omitted.
The balance sheet the latest filing stated and the NAV / subscription credit facility an evergreen vehicle runs against its portfolio — these funds carry no traded-debt balance sheet, so the line is the leverage.
Commitment pacing — how much capital is committed to underlying funds and deals, how much is called versus still callable, and commitment as a multiple of NAV. The deployment story an evergreen fund reports in place of a draw-down LP IRR.
Exposure concentration — sector and geographic mix with a Herfindahl over each, and how much of the book is named at the issuer level versus rolled into sized-but-unnamed buckets.
Valuation opacity — how much of the book is marked to model (Level III) or carried at an underlying fund NAV, and the net unrealized mark behind the reported value.
Hard-to-value
100.0%Level III + NAV expedientLevel III
100.0%mark-to-modelNAV expedient
0.0%fund-of-funds NAVNet unrealized
$61.3Mcost → fair value100.0% of investments are marked to model (Level III) or carried at the NAV of an underlying fund — the higher this share, the more the reported NAV depends on unobservable inputs rather than market prices. The full L1 / L2 / L3 ladder and the disclosed WACC / exit-multiple inputs render in The Book · Marks; balance-sheet leverage under How levered?. Concentration of those marks by sector and geography is in How concentrated?.
Cost basis $678M → fair value $739M ($61.3M net unrealized).
The mark and the inputs behind it — the Level I / II / III fair-value hierarchy and the unobservable inputs render in The Book · Marks.
The management + incentive structure and the per-class servicing / distribution load behind the headline rate.
NAV-based total return by share class and the per-class NAV trajectory — what an evergreen, NAV-struck fund actually reports (not a draw-down LP multiple).
Exit terms — repurchase policy and the window-by-window tender record.
TodayRepurchase policy, window-by-window tender history and offering progress render in Liquidity.
Next laneA forward-funding obligation applies only to credit funds with unfunded loan commitments; this fund discloses none.
exit terms are fully surfaced in the Liquidity act.
fund silence and AltHarbor coverage are different facts — both stated per family
| Disclosure family | Status | Latest source | |
|---|---|---|---|
| Exit mechanics → | Disclosed | Annual report · filed Mar 31 | |
| Tender record → | Not yet covered by AltHarbor | — | |
| Per-class economics → | Disclosed | Annual report · filed Mar 31 | |
| Distribution composition → | Not disclosed by fund | — | |
| Fair-value hierarchy → | Disclosed | Quarterly report · filed May 15 | |
| Unobservable inputs → | Not yet covered by AltHarbor | — | |
| Credit measures → | Not yet covered by AltHarbor | — | |
| Portfolio composition → | Disclosed | Quarterly report · filed May 15 |
What this fund doesn't file
| $35.7M |
| 4.4% |
| Douzone Bizon | Co-investment | Information Technology | APAC | $35.0M | 4.3% |
| Morgan Stanley Liquidity Government Institutional Fund | Cash equivalent | Cash / Money Market | North America | $33.1M | 4.1% |
| JP Morgan US Government Capital Fund | Cash equivalent | Cash / Money Market | North America | $33.1M | 4.1% |
| Acronis | Co-investment | Information Technology | Europe | $30.6M | 3.8% |
| Remember | Co-investment | Information Technology | APAC | $30.0M | 3.7% |
| Zeus | Co-investment | Materials | North America | $28.7M | 3.6% |
| Perficient | Co-investment | Information Technology | North America | $25.0M | 3.1% |
% basis: % of net assets
top 15 of 23 disclosed exposures shown
every filing on record · one tick per filing · hue = type, height = rarity
all 67Current report 284 filing 12Imported record 9Registration statement 6Quarterly report 4Annual report 33 filing 3Amended private placement notice 1Private placement notice 1
| Filed | Type | Accession |
|---|---|---|
| 03/27/26 · period 03/25/26 | 33 filing | 0001193125-26-129335 ↗ |
| 09/05/25 · period 08/29/25 | 33 filing | 0001193125-25-197227 ↗ |
| 03/31/25 · period 03/28/25 | 33 filing | 0000950170-25-047917 ↗ |
Balance sheet not disclosed by this fund
A per-share NAV composition is the monthly disclosure of NAV-struck perpetual REITs; this fund’s valuation — the Level I / II / III fair-value hierarchy and the unobservable inputs behind the marks — renders in The Book · Marks
No NAV / subscription credit facility disclosed by this fund
hover or touch the chart to scrub
Stated fees · mgmt solid · servicing hatch · distribution hollow · bars share a scale · click a class to read the act through it
| Cls | Net assets | % fund | Stated fee | Min initial | Channel |
|---|---|---|---|---|---|
| A-Sfounder | $204M | 33.5% | not disclosed | Founder Shares / early investor | |
| A-J1founder | $141M | 23.2% | not disclosed | Founder Shares / early investor | |
| A-Ifounder | $118M | 19.3% | not disclosed | Founder Shares / early investor | |
| Einsider | $113M | 18.5% | not disclosed | EQT AB Group Shares | |
| A-J2founder | $22.0M | 3.6% | not disclosed | Founder Shares / early investor | |
| A-Dfounder | $11.5M | 1.9% | not disclosed | Founder Shares / early investor | |
| Tinsider | $131K | 0.0% | not disclosed | EQT AB Group Shares / in-kind fee or allocation shares | |
| Iinstitutional | $11.6K | 0.0% | not disclosed | Non-Founder Investor Shares / institutional | |
| Hinsider | $1.20K | 0.0% | not disclosed | EQT AB Group Shares / Manager performance allocation | |
| Qinsider | $1.20K | 0.0% | not disclosed | EQT AB Group Shares / voting | |
| J1mixed | $0 | 0.0% | not disclosed | Non-Founder Investor Shares | |
| J2mixed | $0 | 0.0% | not disclosed | Non-Founder Investor Shares | |
| Dretail | $0 | 0.0% | not disclosed | Non-Founder Investor Shares | |
| Sretail | $0 | 0.0% | not disclosed | Non-Founder Investor Shares / brokerage |
Sector HHI
4,009concentratedGeography HHI
3,623concentratedNamed at issuer
100.0%of disclosed FVDisclosed FV / NAV
1.02×~1.0× expectedSector mix
100%-stacked share of disclosed allocation · sweep to read
Σ 102.4% disclosed · as of 12/31/25 · segments share of disclosed total
Geographic mix
100%-stacked share of disclosed allocation · sweep to read
Σ 102.4% disclosed · as of 12/31/25 · segments share of disclosed total
Of $806M disclosed fair value, $806M (100.0%) is named at the issuer level across 23 positions; — sits in 0 sized-but-unnamed buckets. Higher named share = more transparent single-name risk. Strategy mix renders in The Book; the full company register in The Names.
Unfunded
$0still callable · 12/31/25| Filed | Filing | Period / note |
|---|---|---|
| 05/21/26 | Current report | 04/20/26 |
| 05/15/26 | Quarterly report | 03/31/26 |
| 04/22/26 | Current report | 04/20/26 |
| 04/22/26 | 4 filing | 04/21/26 |
| 04/22/26 | 4 filing | 04/21/26 |
| 04/22/26 | 4 filing | 04/21/26 |
| 04/21/26 | Current report | 04/20/26 |
| 03/31/26 | Annual report | Second Amended and Restated Expense Limitation and Reimbursement Agreement extends 0.75% of NAV expense cap through March 31, 2027. |
| 03/31/26 | Annual report | Second Amended and Restated Expense Limitation and Reimbursement Agreement extends 0.75% of NAV expense cap through March 31, 2027. |
| 03/27/26 | 3 filing | 03/25/26 |
| 03/20/26 | Current report | 03/18/26 |
| 03/19/26 | Current report | 03/18/26 |
| 02/24/26 | Current report | 02/20/26 |
| 02/23/26 | Current report | 02/20/26 |
| 02/02/26 | Current report | 01/30/26 |
| 01/22/26 | 4 filing | 01/21/26 |
| 01/22/26 | 4 filing | 01/21/26 |
| 01/22/26 | 4 filing | 01/21/26 |
| 01/22/26 | Current report | 01/20/26 |
| 01/21/26 | Current report | 01/20/26 |
| 12/22/25 | Current report | 12/18/25 |
| 12/19/25 | Amended private placement notice | |
| 12/19/25 | Current report | 12/18/25 |
| 11/25/25 | Current report | 11/21/25 |
| 11/24/25 | Current report | 11/21/25 |
| 11/14/25 | Quarterly report | 09/30/25 |
| 10/28/25 | Current report | 10/24/25 |
| 10/23/25 | 4 filing | 10/23/25 |
| 10/23/25 | 4 filing | 10/23/25 |
| 10/23/25 | 4 filing | 10/23/25 |
| 10/23/25 | Current report | 10/21/25 |
| 10/22/25 | Current report | 10/21/25 |
| 09/29/25 | Registration statement | |
| 09/29/25 | Current report | 09/25/25 |
| 09/23/25 | Current report | 09/18/25 |
| 09/19/25 | Current report | 09/18/25 |
| 09/05/25 | 3 filing | 08/29/25 |
| 09/05/25 | Current report | 08/29/25 |
| 08/26/25 | 4 filing | 08/22/25 |
| 08/26/25 | 4 filing | 08/22/25 |
| 08/26/25 | 4 filing | 08/22/25 |
| 08/26/25 | Current report | 08/20/25 |
| 08/13/25 | Quarterly report | 06/30/25 |
| 07/30/25 | Current report | 07/25/25 |
| 07/02/25 | Current report | 07/01/25 |
| 06/30/25 | Current report | Formal Management Agreement with EQT Partners Inc. (SEC-registered adviser, wholly-owned by EQT Partners AB/EQT AB) dated June 30, 2025. 1.25% management fee on NAV; 1.00% for Founder A-classes for 36 months with additional 12-month full waiver. |
| 06/30/25 | Private placement notice | Formal Management Agreement with EQT Partners Inc. (SEC-registered adviser, wholly-owned by EQT Partners AB/EQT AB) dated June 30, 2025. 1.25% management fee on NAV; 1.00% for Founder A-classes for 36 months with additional 12-month full waiver. |
| 05/14/25 | Quarterly report | 03/31/25 |
| 04/25/25 | Registration statement | |
| 03/31/25 | 3 filing | 03/28/25 |
Showing the latest 50 of 58 — the complete filing index is above.
ASC-820 hierarchy · band width = share · hover to read
L1 $0 0.0% · L2 $0 0.0% · L3 $739M 100.0% · NAVexp $0 0.0%
Unobservable-input ranges: not disclosed in latest annual filing
| Category | Ending | Activity | Coverage |
|---|---|---|---|
| Level 3 Investments | $739M | Ending balance only | Ending Balance Only |
NAV practical expedient · 1 observation · $739M fair value · 03/31/26
per-company % as filed — the percent basis varies by filer; fair value is the comparable figure
Management fee
1.3%annual · on navIncentive fee
15.0%5% IRR hurdle with high-water mark, 100% catch-up, and Loss Carryforward Amount hurdle · 5.0% hurdleThe two-part incentive-fee mechanics (lookback / per-class expense caps & recapture) are not yet surfaced — they need a dedicated terms table still in the schema queue.
| Class | YTD | SI |
|---|---|---|
| I | −0.3% | 15.7% |
| S | — | — |
| D | — | — |
| T | 0.0% | 14.7% |
| A-D | −0.0% | 16.6% |
| A-I | 0.0% | 16.8% |
| A-J1 | −0.1% | 16.3% |
| A-J2 | −0.1% | 16.3% |
| A-S | −0.2% | 11.8% |
| E | −0.3% | 13.7% |
| H | 0.0% | 19.9% |
| J1 | — | — |
| J2 | — | — |
| Q | 0.0% | 19.9% |
Each cell is the latest disclosed return for that window — windows are filed on different cadences, so hover any figure for its own as-of date. Returns are NAV-based total returns net of fund expenses, as the manager states them.
Raw NAV per unit as disclosed each period.
| Quarter | I | T | A-D | A-I | A-J1 | A-J2 | A-S | E | H | Q |
|---|---|---|---|---|---|---|---|---|---|---|
| 03/31/26 | −0.3% | 0.0% | −0.0% | 0.0% | −0.1% | −0.1% | −0.2% | −0.3% | 0.0% | 0.0% |
| 12/31/25 | 16.0% | 14.7% | 16.6% | 16.7% | 16.4% | 16.4% | 11.9% | 19.2% | 19.9% | 19.9% |
| 09/30/25 | 11.2% | 11.4% | 11.5% | 11.3% | 11.3% | 7.1% |
Not shown: IRR, MOIC, TVPI, DPI and PME. These are draw-down LP metrics; this is an evergreen, NAV-struck fund that reports a NAV-based total return, so an LP cash-flow multiple would misrepresent the vehicle — it is omitted by design, not missing.