Fund databasePrivate Credit

Eurazeo Prime Income Credit

Eurazeo · LU3086780247

ELTIF 2.0 Private Credit Luxembourg Article 8 2 share classes ↓ Direct Lending Mezzanine / Subordinated

NAV
Fund currencyEUR
Income treatmentdistributing
Performance
Ongoing costs2.19% p.a.
Min. investmentEUR 10,000
Redemptionquarterly
Risk (SRI)4 / 7

01Performance

We do not yet have a NAV series for this fund. Semi-liquid funds often publish their unit prices only monthly or quarterly — and not always publicly.

Provider figures

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.

Target return per the provider: Target distribution 6 % p.a. as a quarterly coupon (teaser). KID scenarios class A1 (EUR 10,000): moderate 4.28 % p.a. (1 year), 5.19 % p.a. (5 years), 5.12 % p.a. (10 years = RHP, EUR 16,478); favourable 7.58 % p.a. (10 years); unfavourable 0.46 % p.a.; stress -3.67 % p.a. RIY footnote: 8.5 % p.a. before / 5.1 % p.a. after costs

Source: KID_LU3086780247_A1 (Eurazeo Prime - Eurazeo Prime Income Credit, Class A1, Date of production 16 Sep 2025) / Praesentation_LU3086780247_Teaser (EPIC Fund Tease

Provider figure or KID scenario — not a forecast by semiliquid.info. Target returns are not guaranteed.

02Strategy & portfolio

What the fund does and how the portfolio is put together.

Launch year2025
Fund sizeEUR 100mas at at launch (Q4 2025)
CurrencyEUR
Income treatmentdistributing
SFDRArticle 8
Recommended holding10 yrs
Liquidity buffer
Leverage limit50.00%

Risk indicator 4 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.

Sector breakdown

Approximation (qualitative)% of NAVas at 21 Aug 2026

Diversified, no sector breakdownThe provider reports the portfolio as a single position — no finer breakdown is published.
Source: Eurazeo Global Investor — PRIIPs-KID 'Eurazeo Prime Income Credit' Klasse A1, 16.09.2025 · Document

Geographic breakdown

Approximation (qualitative)% of NAVas at 21 Aug 2026

EuropeThe provider reports the portfolio as a single position — no finer breakdown is published.
Source: Fondsdokumente des Anbieters (KID/Prospekt/Präsentation), qualitative Angabe ohne Prozentwerte — Belegzitate in den Spalten 'Text: Sektorfokus' und 'Text: Regionenfokus'

Strategy

Direct Lending Mezzanine / Subordinated

Core strategy: senior secured first-lien instruments; 100 % floating rate; according to the KID the fund may also hold mezzanine/convertible instruments and indirect fund investments

03Costs

The basis is the PRIIPs KID of the share class we track — which makes it comparable across providers.

Management feenot documented
Total ongoing costs2.19%
Entry charge max.2.00%
Redemption fee0.00%
Performance feenot documented
Hurdle ratenot documented
High-water marknot documented

In context: ongoing costs

This fund
2.19%
Median Private Credit
2.19%

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 the performance fee works

Not described in the PRIIPs KID; it states only: 'The actual amount will vary depending on how well your investment performs.' Neither the calculation basis nor a hurdle, catch-up, high-water mark or crystallisation frequency is stated. The provider notes that gross IRR/MOIC figures are calculated before 'management fees, fund expenses, carried interest or any other similar compensation'.
Source: KID_LU3086780247_A1 (Eurazeo Prime - Eurazeo Prime Income Credit, Class A1, Date of production 16 Sep 2025) / Praesentation_LU3086780247_Teaser (EPIC Fund Tease

Costs per the key information document

Class A1: ongoing costs 2.19 % p.a. (EUR 219 per EUR 10,000); transaction costs EUR 0; performance fee in the moderate scenario EUR 81 p.a. Total costs EUR 500 (1 year) / EUR 2,251 (5 years) / EUR 5,867 (10 years). Annual Cost impact (RIY): 5.0 % (1 year), 3.6 % (5 years), 3.4 % (10 years = recommended holding period). Moderate scenario: 8.5 % p.a. before costs / 5.1 % p.a. after costs
Source: KID_LU3086780247_A1 (Eurazeo Prime - Eurazeo Prime Income Credit, Class A1, Date of production 16 Sep 2025)

04Subscription & entry

How you get into the fund, and on what terms.

Subscriptionmonthly
Minimum investmentEUR 10,000
Entry chargeup to 2.00%
Rec. holding period10 years

Subscription per the document

Monthly NAV; 'Investors can invest anytime'; fully paid-in fund with no capital calls ('Fully paid-in fund', 'No capital calls to handle', 'Committed capital can be put to work immediately')

Source: Praesentation_LU3086780247_Teaser (EPIC Fund Teaser, Q3 2025, as at 30 Sep 2025) / KID_LU3086780247_A1 (Eurazeo Prime - Eurazeo Prime Income Credit, Class A1, D

05Redemption & liquidity

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; on each date the fund redeems at most 5 % of fund assets; for the first 18 months after subscription no redemption is possible.

1 · Lock-up18 months from subscription
2 · Notice periodunknown
3 · Redemption datequarterly
4 · Gatemax. 5 % per date
5 · Payoutnot documented

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.

Redemption per the document

Quarterly - 'Investors will generally be able to request Share redemptions on a quarterly basis, effective as of the close of the last Business Day of the SECOND MONTH of each relevant quarter'

Source: KID_LU3086780247_A1 (Eurazeo Prime - Eurazeo Prime Income Credit, Class A1, Date of production 16 Sep 2025)

Gate per the document

Up to 5 % of NAV per quarter (teaser: 'Up to 5% of the NAV per quarter')

Source: Praesentation_LU3086780247_Teaser (EPIC Fund Teaser, Q3 2025, as at 30 Sep 2025)

Notice period

not documented

Lock-up

Hard lock-up period: 'Investors will not be able to request interest redemptions before the expiry of an eighteen (18) month period following the admission of the first investors in the Sub-Fund.' In addition, an early redemption fee applies on redemption within twelve (12) months of the effective date of the subscription

Source: KID_LU3086780247_A1 (Eurazeo Prime - Eurazeo Prime Income Credit, Class A1, Date of production 16 Sep 2025)

06Share classes

2 classes known. All cost and risk figures on this page apply to LU3086780247.

ISINStatusMin. investmentOngoing costsSRI
LU3086780247basis of this pageEUR 10,0002.19%4/7
LU3086781138documentednot documentednot documentednot documented
Note on the classes
KID data for class A1: SRI 4, ongoing costs 2.19 %, entry charge up to 2 %, recommended holding period 10 years. Structure, LEIs and distribution are documented and the redemption terms specified; volume above 100 million (seed). The second ISIN LU3086781138 cannot be assigned to a class from public sources.

07Fund details & verification

Who stands behind the fund, who it is authorised for — and what the figures rest on.

AIFM / management company

PRIIP manufacturer / management company: Eurazeo Global Investor, 66 rue Pierre Charron, 75008 Paris, RCS Paris 414 908 624, authorised by the AMF. The sub-fund is authorised by the CSSF. Legal structure: Eurazeo Prime is a SICAV in the form of a societe en commandite par actions (SCA) under Part II of the Luxembourg Law of 2010; ELTIF-qualified; General Partner with far-reaching rights (including compulsory redemption)

Source: KID_LU3086780247_A1 (Eurazeo Prime - Eurazeo Prime Income Credit, Class A1, Date of production 16 Sep 2025)

Depositary

BNP Paribas, Luxembourg branch

Source: KID_LU3086780247_A1 (Eurazeo Prime - Eurazeo Prime Income Credit, Class A1, Date of production 16 Sep 2025)

Launch date

KID produced on 16 Sep 2025; no launch date in the document. Term of the sub-fund unlimited ('The term of the Sub-Fund is unlimited, unless the General Partner determines that the Sub-Fund has completed the orderly disposal of all its investments'); the teaser describes EPIC as an evergreen fund with no predetermined term

Source: KID_LU3086780247_A1 (Eurazeo Prime - Eurazeo Prime Income Credit, Class A1, Date of production 16 Sep 2025) / Praesentation_LU3086780247_Teaser (EPIC Fund Tease

Eligible investors

KID: 'The Sub-Fund is intended for investors with basic knowledge of and no or limited experience of investing in funds seeking to increase the value of their investment over the recommended holding period with the ability to bear losses up to the amount invested.' The teaser is marked 'FOR PROFESSIONAL INVESTORS ONLY'; distribution via Allfunds and Clearstream

Source: KID_LU3086780247_A1 (Eurazeo Prime - Eurazeo Prime Income Credit, Class A1, Date of production 16 Sep 2025) / Praesentation_LU3086780247_Teaser (EPIC Fund Tease

Distribution authorisation

Austria, Belgium, France, Germany, Italy, Luxembourg, Netherlands, Spain, Sweden, Switzerland, United Kingdom

Fee layers / double charging

Fund level (direct lending, Eurazeo's own origination platform with 35 investment professionals across 5 EU locations). No master/feeder or target-fund level disclosed; no double charging documented

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.

Similar funds

Same asset class, sorted by overlap of sub-strategy — no recommendation, no ranking.

Important information. semiliquid.info does not provide investment advice and makes no recommendation to buy, sell or hold fund units — no ranking, no offer, no invitation to subscribe. Only the prospectus and the key information document (PRIIPs KID) of the respective fund are authoritative. We give no warranty for the accuracy, completeness or currency of the information. Semi-liquid funds invest in illiquid assets: redemptions are possible only to a limited extent and can be capped, deferred or suspended; there is a risk of total loss. Past performance is not a reliable indicator of future results. Read the prospectus and the key information document before making an investment decision and seek professional advice where appropriate.