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LTAF · Private Debt · Domiciled in United Kingdom

CG Scottish Widows Diversified Credit LTAF

Managed by BNP Paribas Asset Management, France. Product design, fees, liquidity terms and AuM development, tracked monthly by Novantigo.

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494
Funds tracked
50
Data points per fund
148
Private Debt funds
Monthly
AuM updates

About this fund

CG Scottish Widows Diversified Credit LTAF is an open-ended private markets vehicle managed by BNP Paribas Asset Management and domiciled in United Kingdom, where it is authorised under the LTAF regime as a LTAF. The vehicle is constituted as an ICVC/OEIC and reports in GBP, and it has been operating since 2025. Access is restricted to professional investors, and distribution is domestic rather than cross-border, which places the fund within the UK long-term asset fund framework rather than the European ELTIF route; the N/A designation reflects that distinction.

The portfolio is run as a multi-strategy mandate within private debt, combining several credit sub-strategies in a single wrapper instead of concentrating on one lending format. The open-ended structure means capital is deployed and recycled on a continuing basis rather than through a fixed drawdown and harvest cycle, with dealing and liquidity management governed by the LTAF rules applicable to the vehicle; investors assessing liquidity should refer to the fund's own dealing terms, as subscription, redemption, notice and valuation details are not reported in this dataset. Reported assets of and an asset trend of are the principal scale indicators available as of 31 Aug 2026.

For context, the fund is one of 148 private debt vehicles and one of 31 funds domiciled in United Kingdom in a universe of 494 covered funds, and one of only 7 that combine both characteristics, making its peer set for direct comparison on size and structure a narrow one.

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AuM history

9 readings on file

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Fees and costs

12 fee fields tracked

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Peer comparison

147 comparable funds in the database

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Market analytics

League tables, AuM development and exports across 494 funds

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Inside every full profile35 locked fields

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
BNP Paribas Asset Management
Fund type
LTAF
Legal structure
ICVC/OEIC
Regulatory regime
LTAF
ELTIF version
N/A
Fund structure
Open-End
Inception
20 Aug 2025
Base currency
GBP

Strategy

Asset class
Private Debt
Strategy
Multi-Strategy
Geographic focus
Global

Access & distribution

Investor type
Professional
Distribution scope
Domestic
Distribution countries
United Kingdom
›Frequently asked questions
Who manages CG Scottish Widows Diversified Credit LTAF?
CG Scottish Widows Diversified Credit LTAF is managed by BNP Paribas Asset Management, headquartered in France.
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.

Similar funds: Aviva Investors Multi-Sector Private Debt LTAF · CG Aegon AM Private Credit LTAF · CG Apollo Global Diversified Credit LTAF