ELTIF · Private Debt · Domiciled in Ireland
Muzinich Pan-European Senior Private Debt ELTIF-ICAV
Managed by Muzinich & Co, US. Product design, fees, liquidity terms and AuM development, tracked monthly by Novantigo.
About this fund
Muzinich Pan-European Senior Private Debt ELTIF-ICAV is a closed-ended vehicle managed by Muzinich & Co, structured as an ICAV in Ireland and authorised as a QIAIF. It is set up as an ELTIF under the ELTIF 2.0 regime, which allows it to be marketed cross-border to professional investors across Europe while holding illiquid private assets to term. The base currency is EUR, the minimum commitment is 100,000 EUR, and the fund carries an inception year of 2026.
The strategy is direct lending within private debt, meaning the vehicle originates and holds senior loans to companies directly rather than buying traded credit. Its pan-European sourcing footprint is reflected in its , which can be compared with the other funds in the same asset class on this page. Because the structure is closed-ended, capital is drawn and returned according to the life of the underlying loan book rather than through a standing dealing calendar; subscription, redemption and notice terms are not published here, so investors should work from the fund documentation on timing of commitments and distributions.
In coverage terms, the fund is one of 148 private debt vehicles tracked across a universe of 494, one of 17 domiciled in Ireland, and one of 9 that combine both. That places it in a narrow group of Irish-domiciled private credit ELTIFs, a segment where the QIAIF wrapper and the ELTIF 2.0 framework are typically used together to reach professional investors in multiple European markets from a single structure.
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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
- Muzinich & Co
- Fund type
- ELTIF
- Legal structure
- ICAV
- Regulatory regime
- QIAIF
- ELTIF version
- ELTIF 2.0
- Fund structure
- Closed-End
- Inception
- 11 Feb 2026
- Base currency
- EUR
Strategy
- Asset class
- Private Debt
- Strategy
- Direct Lending
- Geographic focus
- Europe
Access & distribution
- Investor type
- Professional
- Distribution scope
- Pan-European
- Minimum investment
- 100,000 EUR
›Frequently asked questions
- Who manages Muzinich Pan-European Senior Private Debt ELTIF-ICAV?
- Muzinich Pan-European Senior Private Debt ELTIF-ICAV is managed by Muzinich & Co, headquartered in US.
- What is the minimum investment for Muzinich Pan-European Senior Private Debt ELTIF-ICAV?
- The minimum investment is 100,000 EUR. The binding terms are in the fund documents.
- What is an ELTIF?
- A European Long-Term Investment Fund is an EU vehicle that lets non-institutional investors access private market assets under the ELTIF regulation (this fund operates under ELTIF 2.0).
Sourced from prospectuses, KIDs, factsheets and regulatory registers. Data as of the latest monthly update.