ELTIF · Private Debt · Domiciled in Luxembourg
PI Solutions - (subfund) Amundi ELTIF Leveraged Loans Europe
Managed by Amundi Asset Management, France. Product design, fees, liquidity terms and AuM development, tracked monthly by Novantigo.
About this fund
PI Solutions - (subfund) Amundi ELTIF Leveraged Loans Europe is a direct lending vehicle within the private debt segment, managed by Amundi Asset Management and domiciled in Luxembourg. It is structured as a SICAV authorised under the UCI Part II regime and distributed pan-European as an ELTIF under the ELTIF 1.0 framework, with a first closing in 2019. The base currency is EUR, the stated minimum subscription is 10,000 EUR, and the vehicle is open to both professional and retail investors subject to the applicable suitability checks. Reported assets stand at , and the underlying loan book is distributed across the regions shown in .
Mechanically, the fund is closed-ended, so capital is not continuously redeemable at investor discretion; repurchases are handled on a semi-annual basis and require 60 days of notice, which places settlement well behind the bi-weekly valuation cycle used for reporting and pricing. Investors should read the redemption window as a scheduled liquidity mechanism tied to the amortisation and repayment profile of the underlying leveraged loans rather than as a dealing facility. The fund is classified Article 6 under SFDR, meaning no sustainability objective or promotion is claimed, and it carries a summary risk indicator of 2.
Within the Novantigo coverage universe of 494 vehicles as of 31 Aug 2026, it is one of 148 private debt funds, one of 347 domiciled in Luxembourg, and one of 108 that combine both characteristics, which is the comparison set used for its fee and cost positioning. Against that group, the management fee is shown as and the all-in cost load as ; both figures are benchmarked against the same 108 funds on the comparison view.
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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
- Amundi Asset Management
- Fund type
- ELTIF
- ISIN
- LU2044288913
- Legal structure
- SICAV
- Regulatory regime
- UCI Part II
- ELTIF version
- ELTIF 1.0
- Fund structure
- Closed-End
- Inception
- 13 Dec 2019
- Base currency
- EUR
Strategy
- Asset class
- Private Debt
- Strategy
- Direct Lending
- Geographic focus
- Europe
Liquidity
- Redemption frequency
- Semi-annual
- Notice period
- 60 days
- NAV frequency
- Bi-weekly
Access & distribution
- Investor type
- Both
- Distribution scope
- Pan-European
- Distribution countries
- Austria, France, Germany, Italy, Spain
- Minimum investment
- 10,000 EUR
- SFDR
- Article 6
- Risk indicator (SRI)
- 2 of 7
›Frequently asked questions
- Who manages PI Solutions - (subfund) Amundi ELTIF Leveraged Loans Europe?
- PI Solutions - (subfund) Amundi ELTIF Leveraged Loans Europe is managed by Amundi Asset Management, headquartered in France.
- What is the minimum investment for PI Solutions - (subfund) Amundi ELTIF Leveraged Loans Europe?
- The minimum investment is 10,000 EUR. The binding terms are in the fund documents.
- How often can investors redeem?
- Redemptions are semi-annual, with a notice period of 60 days.
- 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 1.0).
Sourced from prospectuses, KIDs, factsheets and regulatory registers. Data as of 30 Sep 2026.