ELTIF · Private Debt · Domiciled in Luxembourg
PI Solutions - (subfund) Amundi Europe Leveraged Loans ELTIF 2023
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 Europe Leveraged Loans ELTIF 2023 is a direct lending vehicle in the private debt segment, managed by Amundi Asset Management and domiciled in Luxembourg. It is structured as a closed-end SICAV authorised as an ELTIF under the UCI Part II regime, and it falls under the ELTIF 1.0 framework rather than the revised regime, which shapes its eligibility rules and its distribution reach. The fund was launched in 2023 and reports in EUR. It is one of 148 private debt funds and one of 108 private debt funds domiciled in Luxembourg covered on this page, within a total universe of 494 vehicles.
The liquidity mechanics follow the closed-end logic of the structure rather than an open-ended dealing model. Pricing is struck on a monthly basis, while investors seeking to exit are directed to a semi-annual redemption window subject to a notice requirement of 60 days, so redemption requests must be submitted well ahead of the applicable dealing date and proceeds are tied to the underlying loan portfolio's realisation profile. The minimum subscription is set at 1,000 EUR, a threshold consistent with the ELTIF wrapper's retail-eligible design, and distribution is restricted to the fund's domestic market.
Reported assets stand at , which can be read against the 347 funds domiciled in Luxembourg and the broader private debt peer group, with the trajectory over the reporting history shown by . Portfolio exposure by region is reflected in , consistent with a European leveraged loan mandate. Figures referenced here are as of 31 Aug 2026.
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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
- LU2685878451
- Legal structure
- SICAV
- Regulatory regime
- UCI Part II
- ELTIF version
- ELTIF 1.0
- Fund structure
- Closed-End
- Inception
- 14 Nov 2023
- 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
- Monthly
Access & distribution
- Distribution scope
- Domestic
- Distribution countries
- France
- Minimum investment
- 1,000 EUR
›Frequently asked questions
- Who manages PI Solutions - (subfund) Amundi Europe Leveraged Loans ELTIF 2023?
- PI Solutions - (subfund) Amundi Europe Leveraged Loans ELTIF 2023 is managed by Amundi Asset Management, headquartered in France.
- What is the minimum investment for PI Solutions - (subfund) Amundi Europe Leveraged Loans ELTIF 2023?
- The minimum investment is 1,000 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 31 Aug 2026.