Oquendo Senior Debt Fund II Institutional ELTIF S.C.A. SICAV-RAIF - (subfund) Oquendo Senior Debt Fund TWO Institutional ELTIF

Oquendo Senior Debt Fund II Institutional ELTIF S.C.A. SICAV-RAIF - (subfund) Oquendo Senior Debt Fund TWO Institutional ELTIF is a Luxembourg-domiciled subfund managed by Oquendo Capital, launched in 2025 and denominated in EUR. It is structured as a SICAV under the RAIF regime and authorised as an ELTIF under the ELTIF 2.0 framework, which allows it to be marketed across borders in Europe; in its current form the vehicle is directed at professional investors. The closed-end design means capital is committed for the life of the fund rather than traded, with investor cash flows governed by drawdowns and distributions tied to the underlying loan book instead of dealing windows.

The investment approach sits in private debt, specifically direct lending, so returns are driven by bilaterally negotiated loans to companies, with contractual interest and amortisation schedules determining the timing of repayments. The subfund is classified as Article 8 under SFDR, meaning environmental or social characteristics are promoted within the lending process and reported on accordingly. Portfolio scale is shown by , and the direction of asset growth since launch by , both of which can be read against the broader peer set rather than in isolation.

For context on positioning, the vehicle is one of 148 private debt funds and one of 347 funds domiciled in Luxembourg covered on this page, narrowing to 108 that combine both characteristics, out of 494 vehicles tracked in total. Figures reflect data as of 31 Aug 2026.