JPMORGAN Part II - Credit Markets Fund

JPMORGAN Part II - Credit Markets Fund is an open-ended private debt vehicle managed by JP Morgan Asset Management and domiciled in Luxembourg, where it is set up as a SICAV operating under the UCI Part II regime. It is classified as a Non-ELTIF structure, so N/A applies, and it is distributed on a pan-European basis to both professional and eligible non-professional investors from its launch in 2026. The portfolio follows a multi-strategy approach to private credit, denominated in USD, and is reported under Article 6 of the SFDR disclosure framework.

Dealing mechanics are those of an evergreen semi-liquid fund rather than a drawdown vehicle. Investors subscribe on a monthly basis against a monthly net asset value, while exits are processed on a quarterly cycle subject to a notice period of 30 days; a soft lock-up applies to redemptions made shortly after subscription, which shapes the effective holding horizon for new money. The entry threshold is set at 35,000 USD, placing the fund within reach of wealth-channel allocations as well as institutional mandates. Ongoing costs comprise a management fee of and a performance fee of , both of which can be compared against the fee data recorded for peer vehicles.

For positioning, the fund sits among 148 private debt vehicles tracked across the database of 494 funds, and among 347 funds domiciled in Luxembourg. Narrowing to both criteria, it is one of 108 private debt funds established in Luxembourg, a cohort in which the combination of a non-ELTIF UCI Part II wrapper, monthly dealing and quarterly redemption windows defines the comparison set for liquidity terms and fee levels.