Finance:European Long Term Investment Fund

From HandWiki

A European Long Term Investment Fund (ELTIF) is a type of regulated fund introduced in the European Union to encourage investment into companies and projects who need long-term capital, for example infrastructure projects. They are aimed at both institutional and private investors in Europe.[1] One of the predecessors of ELTIF were the French Fonds d'Investissement de Proximité (FIP) oriented towards individual and institutional investors to invest in regional economies and family-run companies.[2] As of November 2021, 57 ELTIFs had been registered in only 4 member states: Luxembourg, France , Italy and Spain .[3]

In the United Kingdom , it is expected that Long-Term Asset Funds (LTAF) will replace ELTIF in 2023.[4]

Sources

  1. ↑ "European Long-term Investment Funds - frequently asked questions". 2015-02-13. https://ec.europa.eu/commission/presscorner/detail/el/MEMO_15_4423. 
  2. ↑ Fitzpatrick, Nick. "Executive interview: the former French minister championing retail private equity in France". https://www.funds-europe.com/december-2022/executive-interview-former-french-minister-retail-private. 
  3. ↑ "European Commission adopts proposal to amend ELTIF Regulation". https://www.simmons-simmons.com/en/publications/ckweze7ol1lx40a74kdnblbia/european-commission-adopts-proposal-to-amend-eltif-regulation. 
  4. ↑ "The LTAF – here for the long haul?". https://www.funds-europe.com/opinion/the-ltaf-here-for-the-long-haul. 



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