Muzinich European Private Credit ELTIF Feeder SICAV, S.A.

Muzinich European Private Credit ELTIF Feeder SICAV, S.A. is a Luxembourg-domiciled feeder vehicle managed by Muzinich & Co, structured as an open-ended SICAV and authorised under the UCI Part II regime with a ELTIF wrapper aligned to the ELTIF 2.0 framework. The vehicle channels capital into a private debt programme pursuing direct lending, lending directly to European corporate borrowers, and has been operating since 2021. It is denominated in EUR and marketed to professional investors on a domestic basis.

The feeder construction means subscriptions are pooled and passed through to the master portfolio, so investor-level economics track the underlying loan book rather than a secondary market price. Valuation is struck on a monthly basis, which sets the reference point for dealing and for reporting; as with most evergreen private credit structures, liquidity is administratively gated rather than continuous, and the ELTIF 2.0 wrapper governs the redemption mechanics available to holders. Fee terms comprise a management charge alongside a , both benchmarkable against the 108 private debt vehicles domiciled in Luxembourg that Novantigo tracks. The fund is classified Article 6 under SFDR, so no sustainability objective or promotion is asserted.

Within the Novantigo universe of 494 vehicles, this is one of 148 private debt funds and one of 347 registered in Luxembourg, placing it in the segment where ELTIF-wrapped direct lending feeders are most concentrated. Reported assets stand at , with a recent trajectory of , giving a sense of scale relative to the same peer set. Figures are stated as of 31 Aug 2026.