PIMCO Diversified Private Credit Fund (DPC)

PIMCO Diversified Private Credit Fund (DPC) is an open-end SICAV launched by PIMCO in 2025 and domiciled in Luxembourg, where it operates under the UCI Part II framework rather than as an ELTIF (Non-ELTIF, N/A). It pursues a multi-strategy approach within private debt, and is one of 148 private debt vehicles and one of 108 combining that asset class with a Luxembourg domicile in a dataset of 494 funds as of 31 Aug 2026. Exposure is spread across regions on a basis, which can be compared with the other 148 funds in the same asset class.

The vehicle is denominated in EUR and accepts commitments from a minimum of 25,000 EUR, placing it within the semi-liquid segment accessible to both professional and qualifying private investors on a pan-European basis. Dealing mechanics are evergreen rather than drawdown-based: subscriptions are taken monthly, net asset value is struck monthly, and redemptions are processed quarterly subject to a notice period of 30 days. A soft lock-up applies to early redemptions, so the practical liquidity profile is closer to periodic than continuous, and the portfolio's underlying credit assets remain illiquid irrespective of the dealing calendar.

Costs follow the standard private-credit template, with a management charge and a carry arrangement that can be set against the other 347 Luxembourg-domiciled funds covered here. Assets under management stand at , a figure that should be read alongside the fund's recent inception and the 108 comparable Luxembourg private debt vehicles. SFDR classification and the summary risk indicator are not reported for this fund in the current dataset.