Is the Long Wait Worth it? European Long-Term Investment Funds (ELTIFs) Finally Take Shape

June 24, 2015

The long-awaited regulation on European long-term investment funds, now published in the Official Journal of the EU, will offer fund managers a new label for collective investment vehicles with a long-term investment horizon. Following an, at times, rather contentious legislative process, the ELTIF Regulation came into force on June 8, 2015. Several points in the ELTIF Regulation have been amended since its initial draft, and numerous other amendments that would have imposed unnecessary regulatory burdens have fortunately been avoided.

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