Rivage Euro Debt Infrastructure High Return 3 (REDI HR 3)

Rivage Euro Debt Infrastructure High Return 3 (REDI HR 3) is an infrastructure debt vehicle managed by Rivage Investment and domiciled in France, launched in 2025 and denominated in EUR. It is structured as an FCP operating under the FPS regime and authorised as an ELTIF under the ELTIF 2.0 framework, which allows it to be marketed to professional investors on a domestic basis with a minimum commitment of 10,000 EUR. The strategy lends to infrastructure borrowers, with exposure spread across , and the manager has set out a fundraising ambition of against committed capital to date of .

The vehicle is closed-end. Capital is drawn and returned according to the fund's own term and amortisation schedule rather than through a dealing calendar, so there is no periodic subscription or redemption window and no notice-period mechanic for investors seeking exit; liquidity comes from loan repayments, refinancings and the eventual wind-down, and investors should assume the commitment is held for the life of the fund. The debt format means returns are contracted through interest and fee income rather than through equity realisations, which shapes the distribution profile over the holding period.

Within Novantigo's coverage of 494 vehicles, it is one of 73 infrastructure funds and one of 80 funds domiciled in France, and one of only 12 that combine both characteristics, a group in which its reported size trajectory of can be read against same-vintage peers. The fund is classified Article 8 under SFDR. Data as of 31 Aug 2026.