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]
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]