
The BNP Paribas Alternative Strategies – Diversified Private Credit Fund is an evergreen private credit fund structured under the ELTIF 2.0 regulatory framework. It offers investors diversified exposure to European private debt markets, including corporate debt, infrastructure debt, and real estate debt. The fund aims to provide attractive returns with quarterly liquidity options and integrates ESG factors into its investment process. Managed by BNP Paribas Asset Management's Private Assets division, the fund leverages the firm's extensive origination network and expertise in private credit markets. The fund has a controlled leverage policy, allowing borrowing up to 50% of NAV. This leverage is intended to optimize investment efficiency rather than speculative gain. The borrowing may be secured against the fund’s assets and used for various liquidity management purposes. Minimum ticket is 30k for retail investors, €1m for the institutional share class.
Fund Size
€100M
Target Return
11.9%
Realized annualized return since inception
N/A
Launch Year
2024
Min. Investment
€30,000
Liquidity Level
High (<1 year)
Liquidity Options
Quarterly redemptions with 3 months' notice; 5% redemption fee if holding period is less than 2 years; otherwise, 0%
Structure
SICAV-RAIF (ELTIF 2.0)
Product Category
Closed-end
Domicile
Luxembourg
GP Type
Single
Management Fee
1.15%
Carry
None%
High Water Mark
No
Availability
Open through selected distributors
Currencies
EUR, USD
ISIN
LU2840134923

View manager profile
KID Risk Indicator
3 out of 7
Annual returns (KID)
Stressed
-13.1%
Moderate
10.6%
Favorable
11.9%
These details were written by FundScouter, and may have mistakes.
If you are affiliated with this fund and want to request an update, send an email to: report@fundscouter.com