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Overview

The BlackRock European Credit (ECRED) strategy is part of BlackRock’s private credit platform, focusing on providing flexible financing solutions to mid-sized and large companies across Europe. It primarily targets private debt investments, including senior secured loans, unitranche financing, and subordinated debt, catering to businesses seeking capital for growth, acquisitions, or refinancing. ECRED leverages BlackRock’s deep credit expertise, local market knowledge, and extensive network to originate and structure transactions that offer attractive risk-adjusted returns. The strategy typically emphasizes capital preservation, downside protection, and stable income generation, making it a suitable option for institutional investors looking to diversify their fixed-income exposure with private credit. As a private credit strategy, ECRED is designed for long-term investors willing to commit capital for extended periods, with limited liquidity compared to public credit markets. It aligns with BlackRock’s broader alternative investment approach, focusing on delivering differentiated returns while managing risk through rigorous underwriting and portfolio diversification.

Key Statistics

Fund Size

€1,600M

Target Return

6.6%

Realized annualized return since inception

11.2%

Launch Year

2022

Min. Investment

€25,000

Liquidity Level

High (<1 year)

Liquidity Options

Monthly subscriptions, Monthly redemptions

Highlights

Luxembourg

Portfolio Composition

  • Private credit and other credit

Geographic Focus

Asia
1%
Europe
85%
North America
14%

Investment Strategy

Strategy Allocation

Industry Focus

Industry Distribution

Historical Performance

Quick Facts

Structure

SICAV

Product Category

Open-end

Domicile

Luxembourg

GP Type

Single

Management Fee

1.8%

Carry

12.50%

High Water Mark

No

Availability

Open for public

Currencies

EUR

ISIN

LU2480032601

Performance & Risk, Key Information Document (KID) – (EU funds only)

KID Risk Indicator

3 out of 7

1
2
3
4
5
6
7
Low risk
High risk
Low rewardHigh reward

Annual returns (KID)

Stressed

-1.3%

Moderate

5.3%

Favorable

6.6%

Average total cost level (KID)

2.9%

These details were written by FundScouter, and may have mistakes.

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