Goldman Sachs European Credit / GSEC

Goldman Sachs European Credit / GSEC is an open-end SICAV managed by Goldman Sachs Asset Management and domiciled in Luxembourg, where it operates under the UCI Part II framework as a Non-ELTIF vehicle, with N/A recorded for ELTIF version. Launched in 2023, it invests in private debt through a direct lending approach, is denominated in EUR and is classified Article 8 under SFDR. Reported assets stand at , and exposure is distributed across markets as shown in .

Access and liquidity mechanics follow an evergreen pattern rather than a drawdown structure: the fund prices on a monthly basis, accepts capital at monthly intervals and processes repurchase requests at monthly intervals, subject to a notice period of 30 and to the lock-up provisions set out in the offering documentation, which apply from the date of each subscription. The entry threshold of 10,000 EUR places the vehicle within reach of both professional and eligible non-professional investors across its pan-European distribution scope, while the periodic repurchase window means redemption capacity depends on the liquidity available at each dealing date rather than on secondary transfer.

Within the Novantigo coverage universe of 494 vehicles as of 31 Aug 2026, the fund is one of 148 in private debt, one of 347 domiciled in Luxembourg, and one of 108 that combine both characteristics, a set against which its pricing can be read: the management fee is reported at and the performance fee at , both benchmarked against the same peer groups.