Alteralia Credit Opportunities ELTIF S.C.A, SICAV-RAIF

Alteralia Credit Opportunities ELTIF S.C.A, SICAV-RAIF is a private debt vehicle managed by Alantra and domiciled in Luxembourg, where it is constituted as a SICAV operating under the RAIF framework and authorised as an ELTIF aligned with the ELTIF 2.0 regime. The fund was launched in 2025 and is denominated in EUR. It pursues a special situations approach within private credit, meaning exposure is built through bespoke, situation-driven lending and credit instruments rather than broadly syndicated paper, and underwriting outcomes depend on the terms negotiated in each individual transaction.

Structurally the vehicle is closed-end, so capital is committed for the life of the fund and is returned through realisations and repayments rather than through a standing redemption window; investors should assume illiquidity until the underlying positions amortise or are exited. Its ELTIF 2.0 authorisation supports pan-European distribution, and reported assets under management stand at , with the direction of travel shown by . Underlying exposure is distributed according to .

Within the Novantigo coverage universe of 494 vehicles as of 31 Aug 2026, the fund is one of 148 in private debt and one of 347 domiciled in Luxembourg, narrowing to 108 that combine both characteristics. That peer set provides the reference group against which its size, growth trajectory and geographic allocation can be compared.