NovantigoEvergreen Funds & ELTIF Database

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.

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494
Funds tracked
50
Data points per fund
148
Private Debt funds
Monthly
AuM updates

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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AuM history

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Fees and costs

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147 comparable funds in the database

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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.

Similar funds: Alternative Investments Access ICAV - AlTi Allianz Global Private Debt · Arcano Capital Solutions III · Arcano Direct Lending ICAV