Carlyle AlpInvest Private Markets Fund
Carlyle AlpInvest Private Markets Fund (“CAPM” or the “Fund”) is a continuously offered, unlisted closed-end investment company that is structured as a tender fund. CAPM leverages AlpInvest’s global Secondary, Co-Investment and Primary programs and seeks to opportunistically allocate its assets across a global portfolio of private markets investments.
Over the course of more than 20 years, AlpInvest, a core division of Carlyle, has committed more than $85BN+ to investments.
The Fund materials below must be preceded or accompanied by a prospectus, which is the exclusive offering document for CAPM. By proceeding, you acknowledge you have reviewed the prospectus. If not, a prospectus can be obtained here. Please review the following summary of risk factors, as well as the prospectus, for a full list of risks associated with investing in the Fund before making any investment decision.
$191.0MNet Asset Value
$10.34Net Asset Value Per Share
3.40%Total Return Year-to-Date
3.40%Total Returns since Inception (03 Jan 2023)
Performance as of Apr. 2023.
Past performance is not a guarantee of future returns. Returns shown net of all fees and expenses. The Fund pays a monthly management fee equal to 1.25% on an annualized basis of the Fund’s net asset value. The total expense ratio is 3.25%.
Key Fund Facts
June 2018Fund Inception
8.65% / 7.84%2Annualized Distribution Rate
1 Total AUM as of 9/30/22 represents managed assets including leverage (net assets of $1,328mm). Past performance does not guarantee future results.
2 As of 9/30/22 based on I share class. Represents income, capital gains and return of capital (if any) in the stated reporting period. Annualized distribution rate is calculated by taking the stated quarter’s distribution rate divided by the quarter-end NAV and annualizing, without compounding. Last Twelve Months “LTM” distribution rate is calculated by taking the total distribution rate over the period divided by the current quarter-end NAV.
3 Duration (Years) on Assets: Duration measures interest rate sensitivity; the longer the duration, the greater the volatility as rates change.
4 Level of Debt and Preferred Equity as a Percent of Total Assets.
CAPM is exciting as it allows us to bring our global private equity capability to individuals for the first time. We have constructed and managed similar portfolios for some of the largest private equity investors for over 20 years.
Head of Global Investment Solutions
AlpInvest Portfolio Details
As of April 2023.
To check the background of the Firm or investment professionals, visit brokercheck.finra.org.
For a link to the Funds Ownership filings, please click here.
For additional information, please reach out to Private.Wealth@carlyle.com