LBPAM Corpo Debt SCA SICAV-RAIF - (subfund) LBPAM European Middle Market Direct Lending Fund VII

LBPAM Corpo Debt SCA SICAV-RAIF - (subfund) LBPAM European Middle Market Direct Lending Fund VII is a direct lending vehicle managed by LBP AM and domiciled in Luxembourg, where it sits among 347 funds tracked in our coverage of 494. The vehicle is structured as a SICAV sub-fund of an umbrella partnership operating under the RAIF regime, and is authorised as an ELTIF under the ELTIF 2.0 framework, which allows it to be marketed cross-border on a pan-European basis. The sub-fund is denominated in EUR and dates from 2026.

As a closed-end structure, the fund has no standing redemption facility: capital is committed for the life of the vehicle and returned through repayments and exits on the underlying loan book rather than through investor-initiated withdrawals, so liquidity for holders depends on the amortisation and refinancing profile of the portfolio. Access is restricted to professional investors, and the ELTIF 2.0 authorisation functions here primarily as a distribution passport rather than as a retail liquidity mechanism. Exposure is built through directly originated loans to European middle-market borrowers, with the portfolio spread across .

Within our data set, the fund is one of 148 private debt strategies and one of 108 that combine that asset class with a Luxembourg domicile, a cohort in which closed-end ELTIF wrappers aimed at professional allocators are a recognisable sub-group. Readers comparing vehicles in this cohort should note that subscription and valuation mechanics for the sub-fund are not currently disclosed in our records.