Fund database › Private Credit
KKR · LU2729850060
SICAV-RAIF Private Credit Luxembourg Article 6 13 share classes ↓ Asset-Based Lending
Unit price (NAV) in USD · share class RA-USD · 2 data points
Returns calculated by semiliquid.info from the NAV series, not an official provider figure. Taxes and the trading costs of reinvestment are not taken into account. Past performance is not a reliable indicator of future results.
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.
| Performance 12M · as at 31 May 2026 | 8.17% |
| Since launch p.a. · as at 31 May 2026 | 9.63% |
Target return per the provider: According to the term sheet, the aim is a high current income with a target net distribution in the high single-digit percentage range ('target net annual distribution of high-single digits'). PRIIPs scenarios for class RA-USD (USD 10,000): moderate scenario USD 18,490 after 7 years = 9.18 % p.a. (7.19 % after 1 year), unfavourable scenario 1.20 % p.a., favourable 9.71 % p.a., stress scenario -2.05 % p.a.; return before costs 14.2 %, after costs 9.2 %.
Provider figure or KID scenario — not a forecast by semiliquid.info. Target returns are not guaranteed.
What the fund does and how the portfolio is put together.
Risk indicator 6 of 7 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.
Strategy
Strategy as at 31 May 2026
The basis is the PRIIPs KID of the share class we track — which makes it comparable across providers.
| Management fee | 1.25% |
| Total ongoing costs | 2.43% |
| Entry charge max. | 0.00% |
| Redemption fee | 2.00% |
| Performance fee | 12.50% |
| Hurdle rate | 5.00% |
| High-water mark | not documented |
Median across 23 funds in this asset class in our database, based on the PRIIPs KID. No statement about quality — cost structures differ depending on the strategy and on target-fund layers.
How you get into the fund, and on what terms.
monthly ('VALUATIONS & SUBSCRIPTIONS: Monthly valuations, monthly subscriptions')
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 quarterly; notice must be given 30 days before the date; on each date the fund redeems at most 5 % of fund assets; for the first 12 months after subscription no redemption is possible.
The gate caps redemptions at 5 % of fund assets per date. If more investors want out at the same time, orders are scaled back pro rata or deferred to the next date.
From the notice being received to the money reaching your account: typically around 58 to 150 days — depending on how far away the next redemption date is. If the gate bites or redemptions are suspended, it can take considerably longer.
quarterly ('you are able to request the redemption of your Shares every calendar quarter'; term sheet: 'Quarterly liquidity')
'the aggregate net asset value of total permitted redemptions (on an aggregate basis (without duplication)) across the Sub-Fund is generally limited to 5% of the net asset value of the Sub-Fund per calendar quarter'
Redemption application 'at least two business days prior to the last calendar day of the month preceding the last calendar day of the relevant calendar quarter' - effectively around one month before the quarter end
No hard minimum holding period; soft lock via a 2 % early redemption deduction on redemption within 12 months
The score measures only the contractual redemption mechanics (the higher, the more flexible) — not whether the fund actually stays liquid under stress. Weightings in per cent.
13 classes known. All cost and risk figures on this page apply to LU2729850060.
| ISIN | Status | Min. investment | Ongoing costs | SRI |
|---|---|---|---|---|
| LU2729850060 | basis of this page | USD 100,000 | 2.43% | 6/7 |
| LU2729850144 | documented | USD 100,000 | not documented | 6/7 |
| LU2775706455 | documented | USD 100,000 | not documented | 6/7 |
| ISIN | Status | Min. investment | Ongoing costs | SRI |
|---|---|---|---|---|
| LU2775706372 | documented | USD 100,000 | not documented | 6/7 |
| LU2808180389 | documented | USD 100,000 | not documented | 6/7 |
| LU3113508462 | documented | USD 100,000 | not documented | 6/7 |
| LU3113508389 | documented | USD 100,000 | not documented | 6/7 |
| LU2729849997 | documented | USD 100,000 | not documented | 6/7 |
| LU2729849724 | documented | USD 100,000 | not documented | 6/7 |
| LU3181511216 | documented | USD 100,000 | not documented | 6/7 |
Who stands behind the fund, who it is authorised for — and what the figures rest on.
KKR Alternative Investment Management Unlimited Company, Cadenza Building - 19/20 Earlsfort Terrace, Dublin 2, Ireland (regulated by the Central Bank of Ireland); General Partner: KKR-Income Trust Associates SCSp; all investments via the KIT Aggregator (Ontario Limited Partnership); US direct lending indirectly via K-FIT (KKR FS Income Trust, US BDC, externally managed by FS/KKR Advisor, LLC)
The Bank of New York Mellon SA/NV, Luxembourg Branch
Class RD 1 May 2024; Class RA (LU2729850060) 1 Oct 2024; Class ID (AUD) 1 Jul 2024; Class ND/NA 1 Aug 2024; Class ND (SGD) and IA (AUD) 1 Sep 2025; Class NAA 1 Mar 2026
KID: 'eligible investors with a focus on semi-professional investors as per local requirements in certain EEA Member States' who can bear a risk of 6 out of 7. Term sheet: 'Professional and well-informed investors in compliance with local requirements'. In the UK expressly designated as an Unregulated Collective Investment Scheme (UCIS) with the FCA warning ('Don't invest unless you're prepared to lose all the money you invest')
EEA, Germany, Italy, UK, Switzerland and 4 further countries
MULTI-STRATEGY FUND-OF-FUNDS STRUCTURE with look-through: KIT invests via KKR's own credit vehicles/target structures (including asset-based finance, direct lending). The fee calculation is expressly performed on a LOOK-THROUGH basis in order to avoid double charging; fees incurred at the level of the target vehicles are credited in accordance with the PPM. The exact crediting rule is n/a
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.
Same asset class, sorted by overlap of sub-strategy — no recommendation, no ranking.
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