Ares European Credit Solutions Fund SICAV - (subfund) Ares European Strategic Income ELTIF

Ares European Credit Solutions Fund SICAV - (subfund) Ares European Strategic Income ELTIF is an open-ended ELTIF managed by Ares and domiciled in Luxembourg, structured as a SICAV under the UCI Part II regime and set up in line with ELTIF 2.0. The vehicle launched in 2025 and invests in private debt through a direct lending approach, denominated in EUR and distributed pan-European to both retail and professional investors from a minimum ticket of 5,000 EUR. It is classified Article 8 under SFDR and carries a summary risk indicator of 3.

Dealing mechanics follow the evergreen model permitted under the revised ELTIF framework: subscriptions are accepted monthly, net asset value is struck monthly, and redemptions are available monthly subject to a notice period of 30 days and an initial soft lock-up, with gating and liquidity management tools applying at the fund level. Investors should read the monthly window as a managed liquidity feature rather than a guarantee, since the underlying loan portfolio is illiquid and repayment profiles are driven by borrower amortisation and refinancing. Portfolio exposure is spread across , and the manager's stated return objective is reported as .

Within the Novantigo universe of 494 vehicles, the fund is one of 148 in private debt and one of 347 domiciled in Luxembourg, narrowing to 108 that combine both. Against that peer set, reported assets under management of and an all-in cost ratio of provide the main points of comparison on scale and pricing. Figures are shown as of 31 Jul 2026.