Fund database › Private Credit
Kartesia Management · LU3223166664
ELTIF Private Credit Luxembourg Article 8 13 share classes ↓ Mezzanine / Subordinated
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.
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: No target return. KID scenarios class CA26 (EUR 10,000, 8 years): unfavourable +2.78 % p.a. (EUR 12,450), moderate +6.46 % p.a. (EUR 16,500), favourable +8.40 % p.a. (EUR 19,070). 1 year: -16.81 % / -13.94 % / -9.81 %
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 6 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 | 3.60% |
| Total ongoing costs | 3.60% |
| Entry charge max. | 0.00% |
| Redemption fee | 10.00% |
| Performance fee | 20.00% |
| Hurdle rate | 3.50% |
| High-water mark | yes |
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.
quarterly
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.
quarterly
not documented
not documented
Soft lock-up: 'Shares are not redeemable free of charge at the request of the shareholders until the end of the second calendar year following the first subscription date (Soft Lock-Up Period) of the Fund.' Thereafter redemption free of charge; during the period exit costs of up to 10 % in favour of the fund
13 classes known. All cost and risk figures on this page apply to LU3223166664.
| ISIN | Status | Min. investment | Ongoing costs | SRI |
|---|---|---|---|---|
| LU3223166664 | basis of this page | not documented | 3.60% | 6/7 |
| LU2954178039 | not yet collected | not documented | not documented | not documented |
| LU2954178203 | not yet collected | not documented | not documented | not documented |
| ISIN | Status | Min. investment | Ongoing costs | SRI |
|---|---|---|---|---|
| LU2954178385 | not yet collected | not documented | not documented | not documented |
| LU2954178468 | not yet collected | not documented | not documented | not documented |
| LU2954178542 | not yet collected | not documented | not documented | not documented |
| LU2954178625 | not yet collected | not documented | not documented | not documented |
| LU2954178971 | not yet collected | not documented | not documented | not documented |
| LU3223166748 | not yet collected | not documented | not documented | not documented |
| LU3223167126 | not yet collected | not documented | not documented | not documented |
| LU3223167399 | not yet collected | not documented | not documented | not documented |
| LU3253124591 | not yet collected | not documented | not documented | not documented |
Costs, minimum investment and risk can differ markedly by class — check the key information document of the specific class before subscribing.
Who stands behind the fund, who it is authorised for — and what the figures rest on.
PRIIP manufacturer and management company: Alter Domus Management Company S.A., 15 Boulevard F.W. Raiffeisen, L-2411 Luxembourg, authorised and supervised by the CSSF. Portfolio management/brand: Candriam and Kartesia; fund: Candriam Private Assets, SICAV (ELTIF sub-fund)
CACEIS Bank, Luxembourg Branch
3 Feb 2025 (first PRIIPs KID valid from 3 Feb 2025; fund launch according to the provider 3 Feb 2025); announcement of the Candriam/Kartesia cooperation in February 2025
'The product is intended for retail investors with knowledge and/or experience of these types of products, that have obtained appropriate investment advice and that have the ability to bear losses up to the amount they have invested in the Fund. The product is not suitable for retail investors that are unable to sustain such a long-term and illiquid investment.'
Envisaged, or once the registrations are completed: Italy, Austria, Belgium, Denmark, Finland, France, Germany, Netherlands, Portugal, Spain, Sweden
TWO MANAGERS, ONE FUND LEVEL: Kartesia Management manages the private credit bucket, Candriam the liquid assets bucket - both remuneration components are included in the aggregated KID line item. No additional target-fund/master level is disclosed; in so far as the private credit bucket is implemented via Kartesia target funds, double charging would be possible (not 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.
Same asset class, sorted by overlap of sub-strategy — no recommendation, no ranking.