European Long-Term Investment Fund (ELTIF)
The European Long-Term Investment Fund (ELTIF) is an investment vehicle designed for investors who want to make long-term investments into companies and projects. The current ELTIF regime allows all types of investors to invest long-term in European non-listed companies and in long-term assets such as real estate and infrastructure projects. Asset managers have a primary role to play in maximising the pooling and diversification of capital and managing collective investment schemes.
EFAMA believes that the current ELTIF Regulation needs to be amended, to fully unlock its potential and become a product of choice for investors. We advocate for an “evergreen” product with the recalibration of the regulation’s asset eligibility requirements, minimum investment amounts and the establishment of adequate tax incentives.
EFAMA's comments on the European Commission consultation on the review of the EuVECA & EuSEF Regulations
Gathering of ELTIF managers concludes that greater alignment of rules across Europe could improve long-term investment in private assets
EFAMA event brought together over 20 leading asset management firms to discuss ELTIF 2.0 implementation
ELTIF 2.0 Level 2 rules are almost complete
On Friday 19 July, the European Commission formally adopted its Delegated Regulation supplementing the ELTIF Regulation. This text will now be subject to a 3-month scrutiny period by the co-legislators before entering into force.
EFAMA congratulates the Commission on a very robust set of Level 2 rules which will support the revised ELTIF rulebook.
EFAMA publication on ELTIF 2.0 illustrates benefits of new rules
However, European supervisors’ proposed technical standards threaten the success of the new regime
Managing fund liquidity risk in Europe: An AMIC-EFAMA Report
EFAMA Survey: What can the industry do to encourage long-term savings
Raising awareness of the benefits of long-term savings to retail investors will help to rebuild confidence in the European asset management industry, according to EFAMA’s member survey.
