European long-term investment funds

02-03-2015

Increasing the pool of private capital available in the EU for the financing, mainly in Europe, of both tangible (infrastructure or industrial facilities) and intangible (education, research and development) assets, is vital to promote innovation and competitiveness. The Commission proposes to create a new type of investment vehicle which would invest in asset classes, such as unlisted companies and infrastructure projects. Such 'European long-term investment funds' (ELTIFs) would therefore contribute to the financing of the real economy in the EU, and provide private investors with steady and regular returns.

Increasing the pool of private capital available in the EU for the financing, mainly in Europe, of both tangible (infrastructure or industrial facilities) and intangible (education, research and development) assets, is vital to promote innovation and competitiveness. The Commission proposes to create a new type of investment vehicle which would invest in asset classes, such as unlisted companies and infrastructure projects. Such 'European long-term investment funds' (ELTIFs) would therefore contribute to the financing of the real economy in the EU, and provide private investors with steady and regular returns.