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By Piotr TEKLAK, Associate Linklaters
The EU institutions have reached a consensus on the review of the European Long-Term Investment Fund (ELTIF) Regulation, with the new regime set to come into effect toward the end of 2023. Linklaters Luxembourg’s Piotr Teklak says the legislation represents a key step toward making alternative funds available to retail investors and removing obstacles to the wider adoption of ELTIFs by the asset management industry.
More than seven years on from the introduction of the EU’s ELTIF Regulation (Regulation (EU) 2015/760) in 2015, revisions to the legislation newly agreed by the EU Council, European Commission and European Parliament are poised to remove many of the constraints that up to now have largely...
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