Tikehau Private Strategies - (subfund) Tikehau European Private Credit

Tikehau Private Strategies - (subfund) Tikehau European Private Credit is an open-ended ELTIF managed by Tikehau Investment Management and domiciled in Luxembourg, where it is set up as a SICAV under the UCI Part II regime and authorised under the ELTIF 2.0 framework, which allows pan-European distribution to both professional and retail investors subject to suitability checks. Launched in 2024, the vehicle invests in private debt via a direct lending approach, lending directly to borrowers rather than buying syndicated paper, and reports in EUR. It is classified Article 8 under SFDR and carries a summary risk indicator of 3. Reported assets stand at , and the manager discloses a target return of for the strategy.

The evergreen structure is the defining mechanical feature: capital is taken in at a monthly cadence against a monthly valuation, while redemptions are processed only at a quarterly cadence, so the dealing calendar is deliberately asymmetric and exit timing is tied to the gating and soft lock-up provisions set out in the prospectus rather than to a fixed fund term. There are no capital calls or commitment drawdown schedules; investors are exposed from subscription, and the minimum entry ticket is 40,000 EUR. Fee terms comprise a management fee of and a performance fee of , both of which can be compared against the equivalent disclosures of the peer set below.

In Novantigo's coverage of 494 vehicles as of 31 Aug 2026, this fund sits among 148 private debt funds and 347 Luxembourg-domiciled funds, and within the narrower overlap of 108 funds that combine both characteristics. That cohort is the relevant reference group for assessing its dealing frequencies, minimum investment level and fee structure against comparable semi-liquid private credit vehicles.