Non-ELTIF · Private Debt · Domiciled in Luxembourg
Park Square Capital Credit Partners Evergreen
Managed by Park Square, UK. Product design, fees, liquidity terms and AuM development, tracked monthly by Novantigo.
About this fund
Park Square Capital Credit Partners Evergreen is an open-ended direct lending vehicle managed by Park Square, domiciled in Luxembourg as an SCSp and operating under the RAIF regime since 2019. It is classified as Non-ELTIF, with N/A recorded for ELTIF version, and is distributed on a pan-European basis to professional investors only. The fund is denominated in EUR and carries a minimum commitment of 100,000 EUR, placing it among 108 private debt funds domiciled in Luxembourg on this page, out of 347 vehicles registered there and 494 funds covered in total as of 31 Jul 2026.
Liquidity mechanics follow an evergreen format rather than a drawdown schedule: subscriptions are accepted on a monthly basis and redemptions are dealt monthly, subject to a notice period of 90 days. That notice requirement is the main buffer between the dealing calendar and the underlying loan book, which is held to maturity in the ordinary course. Reported assets stand at , with the direction of flows over the recent reporting history shown by , and the management fee is disclosed as for comparison against the 148 private debt funds tracked here.
The portfolio is built from senior and subordinated loans to European sponsor-backed borrowers, with the regional breakdown given by . The fund is categorised Article 8 under SFDR and reports a summary risk indicator of 4, reflecting the floating-rate, privately held nature of the underlying exposures and the periodic valuation on which dealing prices are struck. Investors assessing the vehicle should read the notice period, the Non-ELTIF status and the professional-investor restriction together, as they determine both access and exit timing.
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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
- Park Square
- Fund type
- Non-ELTIF
- Legal structure
- SCSp
- Regulatory regime
- RAIF
- ELTIF version
- N/A
- Fund structure
- Open-End
- Inception
- 01 Jan 2019
- Base currency
- EUR
Strategy
- Asset class
- Private Debt
- Strategy
- Direct Lending
- Geographic focus
- Europe
Liquidity
- Subscription frequency
- Monthly
- Redemption frequency
- Monthly
- Notice period
- 90 days
Access & distribution
- Investor type
- Professional
- Distribution scope
- Pan-European
- Minimum investment
- 100,000 EUR
- SFDR
- Article 8
- Risk indicator (SRI)
- 4 of 7
›Frequently asked questions
- Who manages Park Square Capital Credit Partners Evergreen?
- Park Square Capital Credit Partners Evergreen is managed by Park Square, headquartered in UK.
- What is the minimum investment for Park Square Capital Credit Partners Evergreen?
- The minimum investment is 100,000 EUR. The binding terms are in the fund documents.
- How often can investors redeem?
- Redemptions are monthly, with a notice period of 90 days.
- What is an evergreen fund?
- An evergreen fund is an open-ended private markets vehicle with no fixed end date: investors subscribe and redeem at recurring intervals instead of committing to a closed fund term.
Sourced from prospectuses, KIDs, factsheets and regulatory registers. Data as of 31 Jul 2026.