NovantigoEvergreen Funds & ELTIF Database

Non-ELTIF · Private Debt · Domiciled in Luxembourg

Russell Investments Global Private Credit

Managed by Russell Investments, US. Product design, fees, liquidity terms and AuM development, tracked monthly by Novantigo.

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494
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Private Debt funds
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AuM updates

About this fund

Russell Investments Global Private Credit is an open-ended private markets vehicle managed by Russell Investments, launched in 2024 and structured as a Luxembourg limited partnership domiciled in Luxembourg under the RAIF regime. It sits outside the ELTIF framework as a Non-ELTIF product (N/A), so access is restricted to professional investors, with pan-European distribution. The portfolio follows a multi-strategy approach within private debt, combining different lending formats and origination channels rather than a single credit sleeve, and is reported in GBP. Current exposure by region is shown under , and the manager's return objective is recorded as , which can be read against the comparable entries in the peer set.

The liquidity mechanics are those of an evergreen structure rather than a drawdown fund: capital is taken in at a monthly cadence, while redemptions are processed on a quarterly basis, so investors should expect a longer round trip on exits than on entry. That asymmetry is standard for semi-liquid credit vehicles holding privately originated loans, and it places the burden of liquidity management on portfolio construction and inflow matching. Asset growth since launch is captured in and . The fund is classified as Article 8 under SFDR.

Within the Novantigo coverage universe of 494 vehicles, this is one of 148 funds in private debt and one of 347 domiciled in Luxembourg, narrowing to one of 108 that combine both. Its distinguishing features relative to that group are the multi-strategy credit mandate, the sterling base currency, and the non-ELTIF professional-investor wrapper. Figures reflect data as of 31 Aug 2026.

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AuM history

13 readings on file

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Fees and costs

12 fee fields tracked

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Peer comparison

147 comparable funds in the database

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Market analytics

League tables, AuM development and exports across 494 funds

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Inside every full profile35 locked fields

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
Russell Investments
Fund type
Non-ELTIF
Legal structure
SCSp
Regulatory regime
RAIF
ELTIF version
N/A
Fund structure
Open-End
Inception
10 Oct 2024
Base currency
GBP

Strategy

Asset class
Private Debt
Strategy
Multi-Strategy
Geographic focus
North America

Liquidity

Subscription frequency
Monthly
Redemption frequency
Quarterly

Access & distribution

Investor type
Professional
Distribution scope
Pan-European
SFDR
Article 8
›Frequently asked questions
Who manages Russell Investments Global Private Credit?
Russell Investments Global Private Credit is managed by Russell Investments, headquartered in US.
How often can investors redeem?
Redemptions are quarterly.
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 Aug 2026.

Similar funds: AB Carval Global Credit Opportunities Fund · abrdn Private Credit SCSp-RAIF - Global Fund Finance Fund · Alteralia Credit Opportunities ELTIF S.C.A, SICAV-RAIF