Evergreen Funds & ELTIF DatabaseNon-ELTIF · Private Debt · Domiciled in Luxembourg
Apollo European Private Credit (AEPC)
Managed by Apollo, US. Product design, fees, liquidity terms and AuM development, tracked monthly by Novantigo.
About this fund
Apollo European Private Credit (AEPC) is an open-ended direct lending vehicle managed by Apollo, domiciled in Luxembourg as a SICAV and launched in 2024. It is structured as a Non-ELTIF operating under the UCI Part II regime (N/A for ELTIF versioning), denominated in EUR, and distributed pan-European to both professional and retail-qualifying investors from a minimum commitment of 25,000 EUR. It is classified Article 8 under SFDR and carries a summary risk indicator of 3.
Liquidity mechanics follow a semi-liquid evergreen template rather than a drawdown structure: capital is taken in at monthly intervals, pricing is struck at monthly NAV, and exits are processed quarterly subject to a notice period of 30 days and an initial hard lockup, which lets the manager keep the underlying directly originated loan book funded while meeting periodic repurchase demand. Fee terms comprise a management fee of and a performance fee of , and the vehicle currently reports assets of .
Within the Novantigo universe of 494 tracked vehicles as of 31 Aug 2026, it is one of 148 funds in private debt, one of 347 domiciled in Luxembourg, and one of 108 that combine both, so its terms, liquidity cadence and stated can be read directly against that peer set rather than in isolation.
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Fees & costs
- Entry fee
- Redemption fee
- Management fee (retail, low)
- Management fee (retail, high)
- Management fee (institutional, low)
- Management fee (institutional, high)
- Early-investor fee
- Fee basis
- Operating expenses
- Distribution fee
- Total cost ratio
- Performance fee
- Hurdle rate
- High-water mark
Portfolio construction
- Fund-of-funds share
- Primaries share
- Secondaries share
- Directs share
- Co-investments share
- Liquidity pocket
- Europe allocation
- North America allocation
- Asia-Pacific allocation
- Latin America allocation
- Rest-of-world allocation
Terms & scale
- Latest AuM
- Target size
- Target IRR
- Life span
- Redemption gate
- Lock-up penalty
- Leverage limit
- Leverage (AIFMD)
- Share classes
- Master-feeder setup
Key facts
Structure
- Manager
- Apollo
- Fund type
- Non-ELTIF
- ISIN
- LU2828677455
- Legal structure
- SICAV
- Regulatory regime
- UCI Part II
- ELTIF version
- N/A
- Fund structure
- Open-End
- Inception
- 01 Apr 2024
- Base currency
- EUR
Strategy
- Asset class
- Private Debt
- Strategy
- Direct Lending
- Geographic focus
- Europe
Liquidity
- Subscription frequency
- Monthly
- Redemption frequency
- Quarterly
- Notice period
- 30 days
- Hard lock-up
- 24 months
- NAV frequency
- Monthly
Access & distribution
- Investor type
- Both
- Distribution scope
- Pan-European
- Distribution countries
- Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, United Kingdom
- Minimum investment
- 25,000 EUR
- SFDR
- Article 8
- Risk indicator (SRI)
- 3 of 7
›Frequently asked questions
- Who manages Apollo European Private Credit (AEPC)?
- Apollo European Private Credit (AEPC) is managed by Apollo, headquartered in US.
- What is the minimum investment for Apollo European Private Credit (AEPC)?
- The minimum investment is 25,000 EUR. The binding terms are in the fund documents.
- How often can investors redeem?
- Redemptions are quarterly, with a notice period of 30 days and a hard lock-up of 24 months.
- What is an evergreen fund?
- An evergreen fund is an open-ended private markets vehicle with no fixed end date: investors subscribe and redeem at recurring intervals instead of committing to a closed fund term.
Sourced from prospectuses, KIDs, factsheets and regulatory registers. Data as of 31 Aug 2026.