Non-ELTIF · Private Debt · Domiciled in Luxembourg
KKR-Income Trust I (“KIT”)
Managed by KKR, US. Product design, fees, liquidity terms and AuM development, tracked monthly by Novantigo.
About this fund
KKR-Income Trust I (“KIT”) is an open-end private markets vehicle managed by KKR, launched in 2024 and domiciled in Luxembourg, where it is set up as a SICAV under the RAIF framework. It is classified as a Non-ELTIF structure and is distributed pan-European to both professional and eligible private investors, with a minimum commitment of 100,000 USD in the fund's base currency of USD. The portfolio sits in private debt and follows a multi-strategy approach, placing it among 148 funds covering the same asset class in the Novantigo universe of 494 vehicles, and among 108 that combine that asset class with a Luxembourg domicile.
Mechanically, the vehicle operates on an evergreen basis: subscriptions are accepted monthly, net asset value is struck monthly, and redemptions are processed quarterly subject to a soft lock-up on newly subscribed shares and to the gating provisions typical of semi-liquid credit structures. Investors should therefore read the quarterly repurchase window, rather than the monthly dealing and valuation cycle, as the binding liquidity constraint. The fund reports under SFDR as Article 6 and carries a summary risk indicator of 6, consistent with the use of credit risk and leverage within the strategy.
Current assets under management stand at , which can be compared with the 347 funds domiciled in Luxembourg that Novantigo tracks on the same basis. Fee terms comprise a management fee of and a performance fee of , both benchmarked against the 148 asset-class peers, while the manager's stated return objective is . All fund data shown is as of 31 Aug 2026.
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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
- KKR
- Fund type
- Non-ELTIF
- ISIN
- LU2729850144
- Legal structure
- SICAV
- Regulatory regime
- RAIF
- ELTIF version
- N/A
- Fund structure
- Open-End
- Inception
- 01 May 2024
- Base currency
- USD
Strategy
- Asset class
- Private Debt
- Strategy
- Multi-Strategy
- Geographic focus
- Global
Liquidity
- Subscription frequency
- Monthly
- Redemption frequency
- Quarterly
- Soft lock-up
- 12 months
- NAV frequency
- Monthly
Access & distribution
- Investor type
- Both
- Distribution scope
- Pan-European
- Minimum investment
- 100,000 USD
- SFDR
- Article 6
- Risk indicator (SRI)
- 6 of 7
Documents
›Frequently asked questions
- Who manages KKR-Income Trust I (“KIT”)?
- KKR-Income Trust I (“KIT”) is managed by KKR, headquartered in US.
- What is the minimum investment for KKR-Income Trust I (“KIT”)?
- The minimum investment is 100,000 USD. The binding terms are in the fund documents.
- How often can investors redeem?
- Redemptions are quarterly.
- 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.