Fund database › Private Credit
Apollo Global ManagementLU3041387005Class A3
The Apollo Global Diversified Credit ELTIF allocates dynamically across private and public credit markets in Europe and North America — direct lending, co-investments and fund building blocks in a multi-credit wrapper, as an ELTIF 2.0, launched in 2025.
Monthly subscription; quarterly redemption with roughly one month's notice; the limit is measured against fund assets and against the liquid assets across all levels. No minimum holding period, no exit costs.
Subscription from EUR 10,000 for retail and professional investors, recommended holding period five years; registered for distribution in roughly thirty countries, including Germany.
The most flexible of the three Apollo credit strategies: where the European product runs pure direct lending, this vehicle may shift tactically between private and liquid credit — among the multi-credit ELTIFs in the field, one of the few with a global mandate.
Figures for class A3 (LU3041387005) · product data 9 Oct 2026 · sources: prospectus (as at 1 Jun 2026), PRIIPs-KID, Factsheet — full list under 08 documents.
No documented NAV series in the database.
What the prospectus permits: Corporate direct lending, asset-backed finance/lending, income-producing credit investments and high-grade/liquid credit investments.
Taxonomy of semiliquid.info; only published values are used, nothing is estimated. The actual portfolio breakdown is in 03 Portfolio.
What is actually held: breakdown by sector and region according to the provider.
Focus according to fund documents: n/a
Focus according to fund documents: North America 72%, Europe 27%
Allocation according to the uniform semiliquid taxonomy; only published values are used, nothing is estimated.
With ongoing costs of 1.95%, class A3 is below the median of the asset class (2.05%). On top comes a performance fee of 10% above a hurdle of 5% — with a high-water mark.
For 10,000 USD this means roughly 195 USD per year.
For 10,000 USD, no charge on purchase.
Based on the PRIIPs key information document of class A3, hence comparable across providers. Median: 32 Private Credit funds in this database, data run 16 Oct 2026.
Units can be subscribed monthly. The price is the NAV at the end of the previous month — it is not known when the order is placed and is published only 35 business days later.
5 business days before Dealing Date, 17:00 CET
Notice period may be waived at the discretion of the Board and/or Administrator.
Price = NAV at the end of the previous month.
Valuation Day = last business day of the calendar month.
pre-funding: 4 business days before dealing day
An order placed today is invested in — days (—); the money is due on —. Miss the cut-off and you move to the next dealing day: cut-off —, invested from —.
| Frequency | monthly |
|---|---|
| Procedure | fully paid-in |
| Dealing day | 1st business day of the month |
| Cut-off | 5 business days before dealing day · 17:00 CET · (before the anchor date) |
| Price | previous month-end |
| NAV publication | Valuation Day = last business day of the calendar month; NAV per unit available approx. 35 business days after the Valuation Day or month end. |
| Payment | pre-funding: 4 business days before dealing day |
| Minimum investment | EUR/USD/GBP/CHF 10,000; ILS 41,000 |
| Subscription limit | Acceptance, rejection or deferral to a later Dealing Date at the discretion of the Board; no quantitative cap |
| KYC / documents | 5 business days before Dealing Date, 17:00 CET |
| Revocation | Retail: cancellation within 2 weeks of signing the initial subscription form, repayment without deduction |
| Business day | banks open for business in Luxembourg, the United Kingdom and the United States (p. 20) |
Dates calculated from the prospectus rules (bank holidays: GB, LU, US); only the transfer agent’s confirmation is binding. Data as at 9 Oct 2026 · Documents: 08.
Units can be redeemed quarterly — with a volume limit (Gate), lock-up 9 months. How quickly the money arrives and what happens if many want out at once is set out below.
The first redemption day is the first quarterly Valuation Day more than 9 months after the first Dealing …
Price = NAV per share on this day.
NAV at previous quarter-end (—)
redemption day
A request made today is paid out on — — — days; from the cut-off to cash it is — days.
Money typically within half a year — on average 131 days from decision to cash.
Rank 22 of 112 · rank 11 of 31 in Private Credit · no lock-up · no fixed redemption fee
Confidence high — prospectus complete, dates calculated, no assumptions in the value · prospectus as at 1 Jun 2026 · score run 16 Oct 2026 · How 131 days become 42 pointsThe score measures how quickly and reliably you can get your money out according to the prospectus — not whether the fund is good.
| Character | redemption right |
|---|---|
| Frequency | quarterly |
| Valuation day | quarter-end |
| Notice | 30 calendar days before redemption day · 17:00 CET |
| Price | quarter-end |
| Payout | 36 business days after redemption day |
| Gate | 5% net of NAV at the previous quarter-end per quarter; ELTIF Redemption Limit: the lower of the Redemption Threshold and 27.3% of the Liquid Investments available on the … |
| Scaled-back portion | scaled-back portion lapses; new request required, no priority |
| Redemption fee (max.) | 0% |
| Lock-up | fund-level, 9 months (fund launch) |
| Suspension | material detriment to the fund/investors; NAV suspension; protection of remaining investors |
| Liquidity tools | AIFMD Annex V: suspension of redemption and subscription, extension of the notice period (Extended Notice Period), redemption in kind … |
| Switch / transfer | permitted with the consent of the Board; silence within 30 calendar days is deemed a refusal |
| Compulsory redemption | Prohibited Person; falling below the minimum holding or the eligibility criteria |
5% of NAV per calendar quarter (NAV at the end of the preceding quarter), additionally limited by the ELTIF Redemption Limit of 27.3% of the available liquid investments - including those at the level of the Intermediary and Underlying Funds - plus the cash flows prudently forecast over twelve months; the lower value applies.
The gate is expressed as a NAV ratio (5% of the NAV at the end of the preceding quarter per calendar quarter); the relevant figure is the lower of that ratio and 27.3% of the available liquid investments - here expressly including the liquid investments at the level of the Intermediary and the Underlying Funds.
Dates calculated from the prospectus rules (bank holidays: GB, LU, US); only the transfer agent’s confirmation is binding. Data as at 9 Oct 2026 · Documents: 08.
3 classes. All cost and risk figures on this page refer to the basis class A3.
PRIIPs KID ✓: a key information document exists and is the source of the costs. —: no KID documented — the class is distributed outside the EEA or to investors not covered by the KID requirement, or the document is not available.
Who is behind the fund, where it may be distributed — and which documents were evaluated.
| Document | As at | Used for |
|---|---|---|
| Prospectus Sub-Fund Supplement No. 30 'Apollo Global Diversified Credit ELTIF', p. 935-1015 | 1 Jun 2026 | — |
| Factsheet / monthly report Factsheet_LU3041386882 (Fact Card Q1 2026, as at 31 Mar 2026) | 31 Mar 2026 | — |
| Annual / semi-annual report | 31 Dec 2025 | — |
All figures are taken from provider documents (product data as at 16 Oct 2026, distribution data as at 5 Oct 2026) and have not been conclusively verified.
Redemption quarterly, notice period 30 calendar days before redemption day, with 5% gate per quarter. Subscribing today, it takes on average 131 days from decision to cash under the prospectus deadlines; a gate is not factored in.
Ongoing costs of 1.95% p.a. according to the PRIIPs KID for class A3; the median of the Private Credit funds in this database is 2.05%; plus a performance fee of 10%.
10,000 USD in class A3.
Yes. According to our evidence, the fund is open to retail investors in Germany (as at 5 Oct 2026). The Access check shows the details.
As at 16 Oct 2026, no redemption restriction is documented for the Apollo Global Diversified Credit ELTIF. Under the prospectus a gate of 5% per quarter applies.
Same asset class, similar sub-strategy.
Apollo Global Management · ELTIF 2.0 · quarterly
Dawson Partners · Part II SICAV · quarterly
M&G Investments · ELTIF 1.0 · monthly
Tiera Capital (Indosuez Wealth Management) · ELTIF 2.0 · quarterly
Liquidity score in the “as of today” view with average days to cash. No recommendation, no ranking.