More diversification: Discover multi-asset funds.
At NAO, you invest in various private market components via two multi-asset funds from Natixis and Hamilton Lane — from investments in private companies to infrastructure investments and private loans. You can invest as little as €1 via the NAO app.
Hamilton Lane
Private Markets
With a target return of 10% p.a.
Natixis IM
Private Markets
With a target return of 10% p.a.
Access to the private market
Invest from 1€ in products that were previously inaccessible to you — via a savings plan or one-time investment.
Leading fund managers
The fund is managed by Partners Group with decades of expertise in the private equity sector.
Top rating on Trustpilot and App Store
Invest safely
Your fund shares are held in Baader Bank's special fund.
partners
The most important thing
Why this fund can be exciting for you.
One investment, multiple asset classes.
With just one fund, you simultaneously invest — depending on the product — in several asset classes such as private equity, private debt, infrastructure or real estate. You don't have to select each strategy individually, but get a curated overall package.
Broad diversification in private markets.
Your money is distributed across many companies, projects, regions and strategies — away from the stock market and across several private asset classes. This allows you to spread your risk more broadly instead of depending on individual deals.
Professional selection with double curation.
Natixis IM and Hamilton Lane are each putting together institutional multi-asset portfolios. NAO also tests strictly according to its own criteria. Only funds that we would invest in ourselves make it into the app.
Investing
Our multi-asset fund.
Private Markets
Natixis IM | Private Markets
The fund combines private equity, private debt, infrastructure and real estate in one strategy — broadly diversified across all major private market segments. As an umbrella fund, it offers broad diversification across managers, regions and market phases and combines different sources of income within private markets.
10% p.a.
Target return
Target returnThe target return is based on fund management assumptions. It is not a promise and is not a reliable forecast of future results.How often can you invest?
monthly
Lock-up deadlineThe minimum holding period during which you cannot sell your shares. This gives fund managers the necessary planning security for long-term investments. After this period, you can usually return your shares.High risk
Medium riskAssessment of the risk profile based on the investment strategy and the volatility of comparable investments. Private markets are subject to market, liquidity and corporate risks.
Private Markets
Hamilton Lane | Private Markets
The fund is managed by US asset manager Hamilton Lane and provides broadly diversified access to global private equity and infrastructure investments. The portfolio is built up through a mix of direct co-investments and secondary transactions.
10% p.a.
Target return
Target returnThe target return is based on fund management assumptions. It is not a promise and is not a reliable forecast of future results.How often can you invest?
monthly
Lock-up deadlineThe minimum holding period during which you cannot sell your shares. This gives fund managers the necessary planning security for long-term investments. After this period, you can usually return your shares.High risk
Medium riskAssessment of the risk profile based on the investment strategy and the volatility of comparable investments. Private markets are subject to market, liquidity and corporate risks.
Natixis in
Our private markets managers.
For this fund, we work with Natixis Investment Managers, a global asset manager who has been servicing private markets for professional investors for many years. This fund provides comprehensive access to a wide range of strategies in the area of private assets (private equity, private debt, real estate, infrastructure). It invests in the best funds for private assets within the BPCE Group and also externally, including an independent due diligence review and an analysis of environmental, social and governance (ESG) criteria.
1.5 bio.
USD
assets under management
15+
Asset manager
25+
offices worldwide
The funds
Our offer for you.
fund manager
NATIXIS IM | Multi Assets
Fund Strategy
Fund investments in private equity, private debt, infrastructure and real estate
Target return after costs
10% p.a.
fees
Purchase: 2.00%
Sales: 0.79%
Recommended holding time
10 years
Lock-up deadline
04.02.2030
Hamilton Lane
Our private markets managers.
Hamilton Lane is one of the world's leading private market managers. The Private Market Access ELTIF bundles investments in private companies and infrastructure projects in a single fund for you. Instead of having to select individual private equity or infrastructure funds yourself, you invest with a product in a professionally curated portfolio that is spread across various strategies, regions and sectors. A large proportion of investments flow into existing deals — for example via co-investments and secondary transactions, in which the fund participates directly in transactions or in ongoing funds. In this way, your money works faster in real companies and projects, instead of being built up slowly over many years.
> 1 trillion $
assets under management
34
years of experience in private markets
23
offices worldwide
the fund
fund manager
Hamilton Lane
strategy
Investments in private equity and infrastructure
Target return after costs
10% p.a.
fees
Purchase: 2.00%
Sales: 0.79%
Recommended holding time
10 years
Lock-up deadline
31.03.2026
ISIN
LU3051916800
Private Markets
Which asset classes does your multi-asset investment work in.
private equity
Companies that are listed on the stock exchange and want to grow or change. This allows you to participate in their performance before they go public or are sold.
Private Debt
Lending is made directly to companies, which are therefore no longer traditionally financed by the bank. This results in ongoing interest payments from different borrowers.
infrastructure
Your money flows into central infrastructure such as energy generation, power grid, traffic or digital infrastructure. Such projects are used over many years and can deliver predictable returns in the long term.
realty
Investments are made directly or through specialized funds in residential, office, commercial or logistics properties. In doing so, you participate in rental income and the long-term development of these tangible assets.
Investment team
Comment from the investment team.
Customer Testimonials
The community has its say.
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Investment calculator
Simulate the potential development of your investment.
Disclaimer: Possible value development in various performance scenarios. Past performance, simulations, or forecasts are not a reliable indicator of future performance. Commissions, costs and fees can significantly influence the performance of investments in some cases. The costs and their effects on the performance of a financial instrument should therefore always be considered before making an investment decision. Source: NAO Research (2025); the underlying data is based on the key information document from the Hamilton Lane Private Market Access ELTIF Fund with ISIN LU3051916800.
Disclaimer: Possible value development in various performance scenarios. Past performance, simulations, or forecasts are not a reliable indicator of future performance. Commissions, costs and fees can significantly influence the performance of investments in some cases. The costs and their effects on the performance of a financial instrument should therefore always be considered before making an investment decision. Source: NAO Research (2025); the underlying data is based on the key information document for the product ARK ELTIF ICAV - Ark Private Innovation ELTIF with ISIN IE0007OY3DL2.
Disclaimer: Possible value development in various performance scenarios. Past performance, simulations, or forecasts are not a reliable indicator of future performance. Commissions, costs and fees can significantly influence the performance of investments in some cases. The costs and their effects on the performance of a financial instrument should therefore always be considered before making an investment decision. Source: NAO Research (2025); the underlying data is based on the key information document from Partners Group Private Markets Evergreen SICAV Partners Group Private Equity Opportunities with ISIN LU2716887091 and the Private Equity (Lux) Evergreen Secondary Fund product with ISIN LU2461279726.
Disclaimer: Possible value development in various performance scenarios. Past performance, simulations, or forecasts are not a reliable indicator of future performance. Commissions, costs and fees can significantly influence the performance of investments in some cases. The costs and their effects on the performance of a financial instrument should therefore always be considered before making an investment decision. Source: NAO Research (2025); the underlying data is based on the key information document for the product RGV - Redstone Global Venture ELTIF with ISIN LU2847069353.
Disclaimer: Possible value development in various performance scenarios. Past performance, simulations, or forecasts are not a reliable indicator of future performance. Commissions, costs and fees can significantly influence the performance of investments in some cases. The costs and their effects on the performance of a financial instrument should therefore always be considered before making an investment decision. Source: NAO Research (2025); the underlying data is based on the key information document from the product Muzinich European Private Credit ELTIF SICAV with ISIN LU3051947607.
Disclaimer: Possible value development in various performance scenarios. Past performance, simulations, or forecasts are not a reliable indicator of future performance. Commissions, costs and fees can significantly influence the performance of investments in some cases. The costs and their effects on the performance of a financial instrument should therefore always be considered before making an investment decision. Source: NAO Research (2025); the underlying data is based on the key information document from the product UBS (Lux) Private Markets - Infrastructure Opportunities Fund with ISIN LU2707658667.
In just 3 steps to your investment
- Download the app & register
Download the NAO app and register in just a few minutes - quickly and completely digitally.
- Top up your account
Pay your desired amount conveniently via bank transfer or SEPA direct debit.
- Investing
Choose a fund, enter your amount and invest directly in private markets.
“NAO democratizes long-term wealth creation and expands investment options.
Steffen Hetzel
C-Suite in Tech (lawpilots, bitly) | Angel Investor & Advisor
Why did the investment team choose multi-asset funds?
Not everyone starts private market investments with a clear strategy and wants to build up a portfolio on their own. Some want to start out as broadly as possible and leave the weighting of the individual asset classes to professionals. We have two different solutions for this.
Hamilton Lane: We are working with Hamilton Lane to enter a diversified portfolio of private equity and infrastructure. For over 34 years, the company has specialized exclusively in private markets — without distractions from other areas of business. The company is one of the largest specialists in private markets worldwide and manages over one trillion US dollars exclusively in this asset class (source: Hamilton Lane, as of December 31, 2025).
What that means for you: Access to a platform with outstanding experience, unique deal flow through sheer size and fund management at institutional level.
In our opinion, the combination of co-investments as well as secondaries in infrastructure and private equity by such an experienced manager is an exciting start for newcomers to private markets.
Natixis IM: In order to achieve the broadest possible diversification across all private asset classes, we rely on the Natixis Multi Private Assets Navigator, which we offer in partnership with Natixis Investment Managers. This strategy is designed as an umbrella fund, which means that it does not invest directly in individual companies or projects, but bundles the best funds from four asset classes into a single vehicle. The team invests in private equity, private debt, real estate and infrastructure.
The weighting between these asset classes is actively managed, depending on which phase of the economic cycle is currently in. The Natixis Investment Managers private assets platform manages more than 100 billion euros in alternative investments (Source: Natixis IM, as of September 30, 2025). This not only shows expertise, but also helps to gain access to the most exciting funds in the four respective asset classes.
For beginners who want to invest as broadly as possible in private markets, this is an exciting strategy in which you hand over responsibility for weighting entirely to professionals.
Comment from the investment team. Robin Binder