Fund databasePrivate Credit

Zurich Private Debt ELTIF

Pemberton Asset Management S.A. · LU2708144683

ELTIF 2.0 Private Credit Luxembourg Article 8 4 share classes ↓

NAV · 30 Jun 2026106.61
Fund currency
Income treatment
Performance
Ongoing costs
Min. investment
Redemptionmonthly
Risk (SRI)

01Performance

Current NAV106.61
as at30 Jun 2026

So far only a single unit price is documented — too little for a chart. The series grows with every data update.

Source: Market data provider

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: No return target and NO benchmark — 'The Fund is actively managed and is not managed in reference to a benchmark.'

Source: Praesentation_LU2708144683_2024-03-01.pdf

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 year2024
Fund size
Currency
Income treatment
SFDRArticle 8
Recommended holding
Liquidity buffer
Leverage limit

Risk indicator not documented 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: Fondsdokumente des Anbieters (KID/Prospekt/Präsentation), qualitative Angabe ohne Prozentwerte — Belegzitate in den Spalten 'Text: Sektorfokus' und 'Text: Regionenfokus'

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

Broadly diversified portfolio of direct loans to leading European mid-market companies. The portfolio largely follows Zurich's own investment approach and guidelines; Zurich entities invest in the same strategy and the same loans. Actively managed without a benchmark

Portfolio composition

'The Fund portfolio will largely follow ZURICH'S INVESTMENT APPROACH AND GUIDELINES with Zurich entities investing INTO THE SAME STRATEGY AND IN THE SAME LOANS as the Fund.' — the fund therefore replicates Zurich's balance-sheet strategy (alignment with the sponsor)
Source: Praesentation_LU2708144683_2024-03-01.pdf

03Costs

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

Management feenot documented
Total ongoing costsnot documented
Entry charge max.not documented
Redemption feenot documented
Performance feenot documented
Hurdle ratenot documented
High-water marknot documented

How the performance fee works

Neither the rate, the calculation basis, the hurdle, catch-up, high-water mark nor crystallisation is publicly documented.

04Subscription & entry

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

Subscriptionmonthly
Minimum investmentnot documented
Entry chargenot documented
Rec. holding periodnot documented

Subscription per the document

monthly

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 monthly.

1 · Lock-upnone
2 · Notice periodunknown
3 · Redemption datemonthly
4 · Gatenot published
5 · Payoutnot documented

Redemption per the document

'After the initial ramp-up period, the Fund will offer MONTHLY LIQUIDITY SUBJECT TO CERTAIN CONDITIONS.'

Source: Praesentation_LU2708144683_2024-03-01.pdf

Gate per the document

Not documented (redemptions 'subject to certain conditions')

Notice period

not documented

Lock-up

No express lock-up period stated; it is documented only that redemptions are possible only AFTER the initial ramp-up phase. Its duration is not quantified

Source: Praesentation_LU2708144683_2024-03-01.pdf

06Share classes

4 classes known. All cost and risk figures on this page apply to LU2708144683.

ISINStatusMin. investmentOngoing costsSRI
LU2708144683basis of this pagenot documentednot documentednot documented
LU2708144766not yet collectednot documentednot documentednot documented
LU2708144840not yet collectednot documentednot documentednot documented
LU3031472684not yet collectednot documentednot documentednot documented

Costs, minimum investment and risk can differ markedly by class — check the key information document of the specific class before subscribing.

07Fund details & verification

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

AIFM / management company

WAYSTONE MANAGEMENT COMPANY (LUX) S.A., register number B96744, regulated by the CSSF — 'The Fund has appointed Waystone Management Company (Lux) S.A. ... as its external alternative investment fund manager (AIFM).' Telephone number of the AIFM: +352 26 00 21 1; fund information at https://funds.waystone.com/public

Source: Praesentation_LU2708144683_2024-03-01.pdf, 'Notes to the reader'

Launch date

Press release of 21 March 2024: 'Zurich has launched Zurich Private Debt ELTIF (Fund), its first European Long-Term Investment Fund 2.0 (ELTIF 2.0)'. Distribution: 'The Fund is domiciled in Luxembourg and will be offered to Zurich's eligible investors and life insurance customers in Europe IN 2024.'

Source: Praesentation_LU2708144683_2024-03-01.pdf — the public announcement of 21 Mar 2024 is documented by a primary source

Eligible investors

'For retail and professional investors.' Target group: 'individual investors and Life insurance customers' as well as 'Zurich's eligible investors and life insurance customers in Europe'. Distribution takes place only in jurisdictions for which the marketing passport has been granted

Source: Praesentation_LU2708144683_2024-03-01.pdf

Distribution authorisation

Italy (distribution via Zurich Bank since 12/2024); in addition an offer to eligible Zurich clients in further European countries once the relevant distribution passport has been obtained; according to the available information also Germany.

Fee layers / double charging

TWO CONTRACTUAL LEVELS: sponsor/initiator and distributor Zurich Insurance Group and Zurich Bank (Italy) respectively; portfolio management delegated to Pemberton Asset Management S.A. (USD 32.5bn AUM, as at 30 Jun 2026). Whether Pemberton's remuneration is charged in addition to the fund-level fee or out of it is not documented. Where distribution takes place via unit-linked life insurance policies, insurance wrapper costs are added as a further layer (not part of the fund KID)

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.