Access to Private Equity

The Fund seeks to Invest with Esteemed and Tenured Private Equity Fund Managers

The Princeton Everest Fund is designed to provide accredited investors with broad exposure to private equity managed by some of the most tenured firms in the world. The Fund seeks to invest in senior fund managers with higher AUMs while alleviating the burdens traditionally associated with investing in private markets*. An investment in the Fund is speculative and should be considered illiquid involving substantial risk of loss.

Fund Attributes:

  • The Fund’s primary objective is capital appreciation with a secondary objective of providing income.
  • Invests with some of the largest and most tenured managers, including KKR, Blackstone, Apollo, and Bain1

  • Available at a low investment minimum compared to an individual making a Limited Partnership into a Private Equity Fund

  • Delivers administrative simplicity2

Princeton Everest Fund

Princeton Everest Fund

Investment Objective

The Fund's investment objective is to seek long term capital appreciation.

Princetopn Everest Fund

Eligible Investors

The Fund is offered to "accredited investors."3

Princetopn Everest Fund

Structure

Registered under the 1933 & 1940 Acts as a closed-end Investment Company

Princetopn Everest Fund

Subscriptions

Monthly

Princetopn Everest Fund

Tender Offers

Princeton Fund Advisors, LLC (the "Advisor" or "PFA") anticipates, generally, recommending quarterly tender offers of up to 5% of the Fund's NAV subject to Board approval; 2% early repurchase fee imposed for repurchases within 1 year of investment.

Princetopn Everest Fund

Tax Reporting

Form-1099

Princetopn Everest Fund

Management Fee4

1.20%

Princetopn Everest Fund

Distribution Fee

None

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Sales Load4

None

Princetopn Everest Fund

Total Expenses4

4.15%

Screenshot 2024-03-18 at 10.40.50 AM

* The Fund conducts due diligence, completes limited partnership paperwork, and handles the capital calls for individual investors of the Fund.

  1. The Fund’s holdings are invested with the underlying managers. Source: Pitch Book 2023, Private Equity/Buyout Firms in USA by AUM.
  2. Princeton Fund Advisors, LLC, serves as investment Advisor to the Fund pursuant to a management agreement entered between the Fund and the Advisor (the “Management Agreement”). The Advisor also provides, or arranges at its expense, for certain management and administrative services for the Fund. Some of those services include providing support services, maintaining and preserving certain records, investing capital, and preparing and filing various materials with state and U.S. federal regulators.
  3. As defined in the Securities Act of 1933, as amended
  4. Class I Share Fee and Expense structure shown. Please review the Fund’s Prospectus for more information regarding the Fund’s fees and expenses, including other share classes. The Fund’s total annual operating expenses for Class I shares is 4.15%.

The Fund’s investments in funds, and many of the investments held by the investment funds and certain other underlying funds, are priced in the absence of a readily available market value and may be priced based on determinations of fair value, which may prove to be inaccurate. This risk is exacerbated to the extent that many of these funds may provide valuations only on a quarterly basis. Likewise, the Fund’s investment portfolio will consist of investment funds that hold securities issued primarily by privately held companies, and operating results for the portfolio companies in a specified period will be difficult to predict. Such investments involve a high degree of business and financial risk that can result in substantial losses.

Performance Highlights

As of 02/29/24

QTD YTD 1YR 3YR 5YR
Class I Shares1.06%1.06%9.56%9.93%10.16%
MSCI ACWI 14.90%4.90%23.15%6.79%10.50%
S&P 50027.11%7.11%30.45%11.90%14.75%

Click here to view standardized performance data

The performance data quoted represents past performance. Current performance may be lower or higher than the performance data quoted above. Past performance is no guarantee of future results. The investment return and principal value of an investment will fluctuate so that investor's shares, when redeemed, may be worth more or less than their original cost. For performance information current to the most recent month-end, please call toll-free (855) 897-5390.

The index is shown for informational purposes only and is not reflective of any investment. An investor cannot invest directly in an index. Indices do not include fees or operating expenses and are not available for actual investment. They are unmanaged and shown for illustrative purposes only. For index descriptions and risks see the Glossary at the end of this presentation. Indices are shown for informational purposes only. The Funds management fee is 1.20%. The Funds other operating expenses are estimated to be 0.79% for the Class A Share, 0.79% for the Class I Share, 0.79% for the Class II Share, and 0.80% for the Class L Share as of Funds fiscal year ended 3/31/2023. The Fund’s Advisor has contractually allowed to waive management fees and make payments to limit Fund expenses until July 31, 2024. The Funds Total annual expenses after fee and expense reimbursement/ recoupment is estimated to be 4.76% for the Class A Share, 4.15% for the Class I Share, 4.45% for Class II Shares, and 5.02% for the Class L Share as of Funds fiscal year ended 3/31/2023. The fee waiver and expense reimbursement are subject to possible recoupment from the Fund in future years. Underlying funds generally charge a 1%-2% management fee and approximately 20% of net realized profits as a carried interest allocation. The Fund bears underlying management fees, expenses and carried interest, incentive fees or allocations based on performance. See the Funds Prospectus for more details on the Funds expenses. *Private Equity performance numbers may lag up to two months* The Inception Date for Class I shares was 5/13/2016. Performance figures shown for the Fund are net of all fees and expenses.

1 Source: MSCI All Country World Index, 02/29/2024 Bloomberg, L.P.
2 Source: Standard & Poor’s 500 Index, 02/29/2024 Bloomberg, L.P.
3 Returns greater than one year are annualized. Returns calculated over the period 8/1/2016 – 02/29/2024.