MAIF Dette Transition Sociale

MAIF Dette Transition Sociale is an open-end French FCP managed by EIFFEL Investment Group, launched in 2024 and denominated in EUR. It is structured as an ELTIF under the ELTIF 2.0 framework and authorised in France under the FPS regime, a combination that allows the vehicle to be distributed domestically to retail investors while holding illiquid corporate loans. The underlying approach is direct lending within private debt, with the portfolio's country exposure reported as and a return objective stated by the manager as .

The liquidity mechanics are built around an evergreen share class rather than capital calls: the fund prices at a weekly NAV, accepts subscriptions on a weekly basis and processes redemptions weekly, so investors deal against a published valuation instead of a drawdown schedule. A minimum ticket of 30 EUR places it at the retail end of the access spectrum, and the manager reports assets of , with flows and valuation moves tracking since launch. As with any semi-liquid private debt structure, dealing terms are subject to the redemption-gating provisions of the ELTIF rulebook, and the loan book itself remains materially less liquid than the dealing calendar implies.

For classification purposes the fund is Article 8 under SFDR and carries a summary risk indicator of 3. Within the Novantigo universe of 494 vehicles as of 31 Jul 2026, it is one of 148 private debt funds, one of 80 domiciled in France, and one of 19 that sit in both groups, which is the relevant set for comparing its dealing frequency, minimum and risk classification against directly equivalent structures.