West Wing Credit Fund

West Wing Credit Fund

West Wing Credit Fund is a Luxembourg-based fund of funds platform dedicated exclusively to private debt, headquartered in Strassen. The fund invests 100–150 million euros across 6 to 9 top-tier private credit funds in Europe and the US, focusing on direct lending, senior secured lending, and strategic credit in the mid-market segment. It was created by Cennini Holding, a Belgian single family office representing the Claeys family, which serves as a cornerstone investor in West Wing Credit Fund I to ensure strong alignment and skin in the game. The platform offers investors diversified private debt exposure with a target net IRR above 10% and a periodic coupon. Its fee structure is deliberately cost-effective: no carried interest, no performance fees, and a limited management fee charged on committed capital minus distribution of principal amounts. The fund of funds approach provides risk diversification, a lower hurdle to access top-tier credit funds with tickets above 10 million euros, and relief from administration and compliance burdens. West Wing Credit targets the mid-market segment, citing less competition, better contract terms, lower leverage and risk, higher spreads, and closer proximity to shareholders and management.