The European Long-Term Investment Fund (ELTIF) is a European investment vehicle that was introduced for economic policy considerations, to provide additional financing opportunities to certain industries and companies. Although the European Commission launched the ELTIF in 2015, relatively few ELTIFs have been authorised since then. As of July 2023, only 95 ELTIFs existed according to ESMA’s public register. Most of these were issued in Luxembourg, France, Spain and Italy.
This year, however, the ELTIF has been subject of much discussion, especially in Germany. Why? The ELTIF Regulation has been fundamentally revised recently. The new regulations will come [...]