Mercer Semi-Liquid Private Debt Fund

Mercer Semi-Liquid Private Debt Fund is an open-ended SICAV launched by Mercer in 2025, domiciled in Luxembourg and authorised under the UCI Part II regime. It is structured as a Non-ELTIF vehicle, so N/A applies, and it is distributed on a pan-European basis to both professional and retail-eligible investors from a minimum ticket of 10,000 USD. The base currency is USD, and the fund is classified Article 8 under SFDR with a summary risk indicator of 4.

The strategy is a multi-strategy approach within private debt, accessed through a single commingled vehicle rather than a closed-end drawdown structure, with describing how exposure is apportioned across the underlying sleeves. Dealing mechanics follow the semi-liquid template: subscriptions are accepted quarterly and redemptions are processed quarterly, subject to a notice period of 1260 and an initial hard lock-up, while NAV is struck monthly. The combination of periodic dealing and an extended notice requirement is designed to align investor liquidity with the underlying loan portfolio, and prospective investors should read the redemption terms alongside any gating or deferral provisions in the offering documents. Fee terms comprise a management fee of and a performance fee of , both of which can be benchmarked against the peer set on this platform.

Within Novantigo's coverage of 494 vehicles, this fund is one of 148 in private debt and one of 347 domiciled in Luxembourg, placing it among the 108 funds that share both characteristics. Its stated provides a reference point for scale relative to that cohort.