Investment structure
A. Allocation overview
| Pillar | Vehicle | Allocation | Return Type | Target IRR |
|---|---|---|---|---|
| Core Manager Portfolio | Leaders Fund I | 48.2% | Capital gains | 20% |
| Vintage Acceleration | Fast Track Fund I | 12.0% | Capital gains | 23.16% |
| Breakout Co-Investment | Opportunity Fund I | 24.2% | Capital gains | 24%+ |
| Platform Infrastructure | Infra One Equity | 9.0% | Dividend yields | 20%+ |
| Platform Equity | Allocator One Equity | 6.6% | Dividends + carry | Variable |
| TOTAL | 100% | Blended | 20–23% |
B. Commitment tiers
€25M – €50M Tier:
- Investment vehicle: Allocator One Platform Access Vehicle I GmbH & Co. KG (Germany)
- Allocation: Fixed pro-rata (48.2% / 12.0% / 24.2% / 9.0% / 6.6%)
- Flexibility: Limited to platform structure
€50M+ Tier:
- Investment vehicle: Direct into individual funds or via feeder
- Allocation: Customizable across pillars (subject to minimum thresholds)
- Flexibility: Negotiable structure, board participation opportunity
C. Minimum commitments
| Vehicle | Minimum | Notes |
|---|---|---|
| Leaders Fund I | €12.05M (as part of €25M total) | Can commit directly at €30M+ for anchor benefits |
| Fast Track Fund I | €3.0M (as part of €25M total) | Separate direct minimums available |
| Opportunity Fund I | €6.05M (as part of €25M total) | Co-investment access from €25M total |
| Infra One Equity | €2.25M (as part of €25M total) | Equity component |
| Allocator One Equity | €1.65M (as part of €25M total) | Equity stake from €25M total |