NB LIQID Infrastructure NXT: New Infrastructure ELTIF Launches in the German Market

LIQID brings fresh momentum to the infrastructure investment market with a diversified multi-strategy approach

SebastianDecember 9, 20253 min read
ELTIFInfrastructureLIQIDInvestment

Last week, LIQID launched the NB LIQID Infrastructure NXT – bringing fresh momentum to the infrastructure investment market. The fund pursues a diversified strategy (Core to Opportunistic) across Europe, North America, Asia, and Latin America, focusing on digital infrastructure, renewable energy, transportation, and social infrastructure.

Key Facts

  • Target portfolio: 80 investments
  • Distributions: 2–3% p.a.
  • Target return: 8–10% p.a. after costs
  • Risk class: 4/7
  • Recommended holding period: 5 years

Market Positioning

To help contextualize this launch, we analyzed the official PRIIPs KID data from the 8 available Infrastructure ELTIFs in our database – and the positioning is notable.

The new fund shows an annual cost burden of 2.6% over the 5-year holding period, slightly below the market average of 2.7%. For projected medium returns, it makes a clear statement at 10.4% p.a. – significantly above the market average of 7.4% p.a.

Interestingly, the Infrastructure ELTIF market already demonstrates considerable range: from Core strategies with stable cash flows to opportunistic growth investments. The balanced multi-strategy approach of the LIQID fund combines different risk profiles within a single portfolio.