Chenavari Credit Fund Up Slightly In 2026 Discloses Short In Goldman Sachs’ Private Credit BDC

Amundi Chenavari Credit Fund, managed by Chenavari Credit Partners, reported a 0.09% gain in February. Following a 0.23% return in January, the fund’s Class A EUR reached a 0.32% YTD gain, while the SI USD class performed slightly better at 0.25%. Portfolio positives came from Corporate and Financials, which brought 26bps and 10bps, respectively.

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Monthly Commentary

Several geopolitical risks in late February shaped the markets. The markets are already witnessing a moderating US growth backdrop, which is now combined with a slowed investment cycle in AI. Tensions in Iran weighed...