The Prospectus states an objective of long-term capital appreciation, pursued by investing at least 80% of net assets plus borrowings in Private Market Assets across private equity, real assets and private debt. Deployment runs through Secondary Investments, Co-Investments and Primary Investments, with secondaries the stated core competency. Stated target bands are private equity 60-80%, real assets 15-30% and private debt 5-15%, with secondaries 40-80%, co-investments 20-50% and primaries 0-15%. The 80% policy is non-fundamental and changeable on 60 days' notice, and the investment objective is non-fundamental and changeable without shareholder approval. Income is expressly disclaimed as an objective.