The Prospectus states the objective is long-term capital appreciation. The Fund invests mainly in private equity through Secondary Investments in Portfolio Funds and continuation vehicles, Co-Investments alongside third-party sponsors via special purpose vehicles and, to a lesser extent, Primary Investments, with a significant small and mid-market buyout focus and some growth and venture. At least 80% of net assets goes to private market investments, including Private Credit Investments. A Liquid Assets sleeve supports tenders and unfunded commitments. The Fund may over-commit and borrow up to 33 1/3% of total assets.