> For the complete documentation index, see [llms.txt](https://qiro.gitbook.io/qiro-vaults/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://qiro.gitbook.io/qiro-vaults/core-vaults/private-credit-vault.md).

# Private Credit Vault

### Vault 2: Private Credit Vault

**13% APY** | Monthly redemptions | 35-day lock-up | $10M target | Min. $500K

#### Strategy

Diversified capital allocation to established private credit, venture debt, and specialty finance funds that extend secured and structured loans to fintech, payment, and lending platforms globally. Rather than lending directly to individual borrowers, this vault allocates to fund-level vehicles, gaining diversified exposure across multiple underlying credit strategies.

#### Borrower profile

Established private credit funds and specialty finance vehicles with track records across fintech lending, payments infrastructure, and alternative credit. Qiro underwrites each fund: financial analysis, portfolio composition, manager quality, historical performance.

#### Structure

* Security: overcollateralized, secured by receivables
* Position: secured
* Fees: 10% performance fee, 1% management fee
* Curator: Qiro
* Bonus: token incentives

#### Fit

Best for investors who want diversified private credit exposure without single-borrower concentration risk, with a monthly liquidity cadence. The fund-of-funds approach distributes risk across multiple underlying strategies and geographies.