Fund database › Private Credit
Apollo Global Management · LU3042805062
ELTIF 2.0 Private Credit Luxembourg Article 8 13 share classes ↓ Co-Investments Primaries / Target Funds Direct Lending
Unit price (NAV) in EUR · share class A1 · 7 data points
Returns calculated by semiliquid.info from the NAV series, not an official provider figure. Taxes and the trading costs of reinvestment are not taken into account. Past performance is not a reliable indicator of future results.
These come from the factsheet, the PRIIPs KID or the monthly report. They may relate to a different reference date, a different share class or a longer period than the series above — the series starts with the first documented unit price, not necessarily with the launch. That is why the values sometimes differ.
| Since launch p.a. | 0.98% |
Target return per the provider: No officially communicated target return. PRIIPs KID class I2 (as at 31 Mar 2026): moderate scenario 7.84 % p.a. (exit after 1 year) and 7.94 % p.a. (after 5 years); cost table: around 10.6 % p.a. before costs / 8.0 % p.a. after costs in the moderate scenario. Class A1: expected net return 7.03 % p.a. (KID base scenario, 5 years)
Provider figure or KID scenario — not a forecast by semiliquid.info. Target returns are not guaranteed.
What the fund does and how the portfolio is put together.
Risk indicator 3 of 7 from the key information document (1 = low, 7 = high); it captures liquidity risks only to a limited extent.
Portfolio breakdown
Broken down using semiliquid’s common taxonomy — provider labels are mapped onto shared categories so that funds can be compared. Only published figures are used; nothing is estimated.
Strategy
The basis is the PRIIPs KID of the share class we track — which makes it comparable across providers.
| Management fee | 2.45% |
| Total ongoing costs | 1.60% |
| Entry charge max. | 0.00% |
| Redemption fee | 0.00% |
| Performance fee | not documented |
| Hurdle rate | not documented |
| High-water mark | not documented |
Median across 23 funds in this asset class in our database, based on the PRIIPs KID. No statement about quality — cost structures differ depending on the strategy and on target-fund layers.
How you get into the fund, and on what terms.
monthly
Semi-liquid means redemption only on fixed dates, with notice periods and upper limits. This is how it works for this fund — in the order the redemption process runs.
Units can be redeemed quarterly; notice must be given 30 days before the date; on each date the fund redeems at most 5 % of fund assets.
The gate caps redemptions at 5 % of fund assets per date. If more investors want out at the same time, orders are scaled back pro rata or deferred to the next date.
quarterly at NAV per unit, subject to the restrictions in the fund supplement
Not documented (the KID refers to restrictions in the supplement; no specific gate percentage published)
not documented
No redemption fee charged by the fund (KID class I2: exit costs 0.00 %). No lock-up or minimum holding period is stated; recommended holding period 5 years.
The score measures only the contractual redemption mechanics (the higher, the more flexible) — not whether the fund actually stays liquid under stress. Weightings in per cent.
13 classes known. All cost and risk figures on this page apply to LU3042805062.
| ISIN | Status | Min. investment | Ongoing costs | SRI |
|---|---|---|---|---|
| LU3042805062 | basis of this page | EUR 10,000 | 1.60% | 3/7 |
| LU3042803877 | documented | not documented | not documented | not documented |
| LU3042803950 | documented | not documented | not documented | not documented |
| ISIN | Status | Min. investment | Ongoing costs | SRI |
|---|---|---|---|---|
| LU3146835361 | documented | not documented | not documented | not documented |
| LU3189620225 | documented | not documented | not documented | not documented |
| LU3146833663 | documented | not documented | not documented | not documented |
| LU3146833747 | documented | not documented | not documented | not documented |
| LU3146834802 | documented | not documented | not documented | not documented |
| LU3146834984 | documented | not documented | not documented | not documented |
| LU3189620498 | documented | not documented | not documented | not documented |
| LU3189620571 | documented | not documented | not documented | not documented |
| LU3189620654 | documented | not documented | not documented | not documented |
| LU3146835288 | documented | not documented | not documented | not documented |
Who stands behind the fund, who it is authorised for — and what the figures rest on.
Carne Global Fund Managers (Luxembourg) S.A. (AIFM and PRIIPs manufacturer, CSSF-regulated); portfolio management delegated to Apollo Management International LLP; depositary: BNP Paribas, Luxembourg Branch
CSSF authorisation as an ELTIF on 5 Aug 2025; public announcement of the authorisation on 24 Sep 2025 (Apollo press release); operational launch of the first share classes at the end of January 2026 (e.g. LU3189620225 on 30 Jan 2026).
Listed as “Apollo Private Markets SICAV - Apollo European Private Credit ELTIF“ · fund type: EU/foreign ELTIF, open-ended, all investors · ID 70167818
Professional investors and eligible non-professional (retail) investors with knowledge/experience of alternative investment strategies; ELTIF 2.0 retail distribution
Apollo names 34 jurisdictions on the product page: Austria, Belgium, Bulgaria, Croatia, Czech Republic, Denmark, DIFC (Dubai), Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Israel, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Cyprus, Romania, Slovakia, Slovenia, Spain, Sweden, Switzerland, United Kingdom.
SEVERAL LEVELS: the ELTIF invests via direct investments, CO-INVESTMENTS and PRIMARY FUNDS/INVESTMENTS (target allocation: 80 % European direct lending, 15 % broadly syndicated loans). Where implementation is via Apollo's own target vehicles/master funds, further fees may arise at that level; an offsetting rule is not publicly documented - double charging cannot be ruled out. AIFM: Carne Global Fund Managers (Luxembourg) S.A. (the external AIFM fee is included in the ongoing costs)
All figures come from our analysis of provider documents (product data as at 19 Aug 2026, distribution data as at 12 Aug 2026) and have not been conclusively verified.
Same asset class, sorted by overlap of sub-strategy — no recommendation, no ranking.
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