Schroders Capital Semi-Liquid European Loans

Schroders Capital Semi-Liquid European Loans is an open-ended SICAV managed by Schroder Investment Management and domiciled in Luxembourg, where it operates as a Non-ELTIF vehicle under the UCI Part II regime rather than the ELTIF framework (N/A). Launched in 2023, it invests in private debt through a direct lending approach, is denominated in EUR, and is classified Article 8 under SFDR with a summary risk indicator of 4. It is one of 148 private debt vehicles and one of 108 that combine that asset class with a Luxembourg domicile, within a tracked universe of 494 funds and 347 Luxembourg-domiciled products as of 31 Aug 2026.

The dealing mechanics sit at the more liquid end of the semi-liquid spectrum: subscriptions are accepted on a daily basis, redemptions are also daily, and the fund strikes a daily NAV, with redemption requests subject to a notice period of 28 days. A soft lock-up applies to early redemptions, so the effective holding horizon for new money is longer than the stated dealing frequency implies. The entry point is set at 10,000 EUR for professional investors, and distribution is pan-European.

Fees comprise a management fee of and a performance fee of , both of which can be compared against the 108 same-asset-class, same-domicile peers on this page. Reported assets stand at , with a flow and valuation trajectory described by , which provides context on how far the daily-dealing structure has been tested relative to the underlying loan portfolio's liquidity profile.