Blackstone
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
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.
Insights coming soon.
Detailed analysis coming soon.
Structure
SICAV
Product Category
Open-end
Domicile
Luxembourg
GP Type
Single
Management Fee
1.8%
Carry
12.50%
Availability
Open for public
Currencies
EUR
ISIN
LU2480032601
KID Risk Indicator
3 out of 7
Annual returns (KID)
Stressed
-1.3%
Moderate
5.3%
Favorable
6.6%
Average total cost level (KID)
2.9%
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