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LGT Global Private Credit (LGPC)
Key Statistics
Fund Size
€4,800M
Annualized Return
7.6%
Launch Year
2023
Availability
Open through selected distributors
Structure
Luxembourg SICAV-RAIF (master) with Irish feeder
Product Category
Open-end
Domicile
Luxembourg
GP Type
Single
Liquidity Level
Semi-liquid
Management Fee
1.5%
Carry
Performance fee (est. ~0.16% p.a. in KID)
High Water Mark
No
ISIN
LU2607368763
Currencies
USD
Investor Eligibility
Professional
Liquidity Options
Monthly subscriptions
Highlights
Key Information Document (KID) – EU Funds
KID Risk Indicator
4 out of 7
Allocations
Geographic Focus
Investment Strategy
Industry Focus
Portfolio Composition
Information about fund
Ten Credit Strategies in One Semi-Liquid Fund
LGT Global Private Credit (LGPC) is LGT Capital Partners’ semi-liquid multi-strategy credit fund, launched on 27 January 2023 as a Luxembourg SICAV-RAIF with an Irish feeder, and one of the fastest-growing evergreen credit vehicles in Europe at $4.8 billion by 31 May 2026. Rather than a single direct-lending strategy, LGPC runs more than ten sub-strategies in Europe and North America — direct lending, bank loans, NAV loans, structured credit, subordinated debt, specialty finance and lending against hard assets — implemented through direct investments, secondaries and a selection of managers, by a team of over 25 credit specialists.
Key Figures (31 May 2026)
Fund Size
$4.8B
Launched 27 Jan 2023
Since Oct 2024
7.6% p.a.
USD B class; 2025: 8.2%
Sub-Strategies
10+
Europe and North America
Lock-up
36 months
Then quarterly, 5% gate
Ongoing Charges
~1.5%
Feeder + master
Risk Indicator
4 / 7
Professional investors
Terms
Terms reflect a product for professional investors. Subscriptions are monthly; there are no redemptions during a 36-month lock-up, after which redemptions are quarterly and capped at 5% of NAV per quarter. Ongoing charges are approximately 1.5% a year, consolidated across feeder and master, and the performance fee is estimated at about 0.16% a year in the KID simulation; the risk indicator is 4 of 7. The USD B class has returned 7.6% a year since October 2024, 8.2% in calendar 2025 and 2.8% in the first five months of 2026.
Terms at a Glance
| Structure | Luxembourg SICAV-RAIF master; Irish feeder; inception 27 January 2023 |
| Subscriptions | Monthly |
| Redemptions | Quarterly after 36-month lock-up; 5% of NAV per quarter |
| Costs | ~1.50% ongoing; performance fee est. 0.16% p.a. (KID) |
| Share class tracked | B USD, LU2607368763 (launched 1 Aug 2024) |
| Performance | +7.6% p.a. since Oct 2024; 2025 +8.2%; 2026 YTD (May) +2.8% |
Deepdive & Related Funds
LGT Capital Partners Fund Analysis 2025 | Semi-Liquid Private Equity & Credit Funds Review
Complete analysis of LGT Capital Partners' semi-liquid private equity and private credit funds. €100 billion AUM, Luxembourg SICAV structure, quarterly redemptions, backed by Princely Family of Liechtenstein.
LGT Capital Partners Global Private Equity (LGPE)
The fund offers semi-liquid exposure to global private equity, focusing primarily on secondary transactions and co-investments. It leverages LGT’s extensive global network of over 700 private equity sponsors to source attractive private equity opportunities.
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