A European Long Term Investment Fund (ELTIF) is a type of regulated fund introduced in the

European Union The European Union (EU) is a supranational union, supranational political union, political and economic union of Member state of the European Union, member states that are Geography of the European Union, located primarily in Europe. The u ...

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. 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. Regulatory Framework ELTIFs operate under strict regulations outlined in Regulation (EU) 2015/760. These rules are designed to ensure transparency, protect investors, and promote stability in financial markets. ELTIFs must meet specific criteria regarding eligible investments, portfolio composition, and risk management. Additionally, they are supervised by national competent authorities in

EU Member States The European Union (EU) is a supranational political and economic union of member states that are located primarily in Europe. The union has a total area of and an estimated population of over 449million as of 2024. The EU is often de ...

, ensuring compliance with applicable law

As of November 2021, 57 ELTIFs had been registered in only 4 Member state of the European Union, member states:

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and

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. In the

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, it is expected that Long-Term Asset Funds (LTAF) will replace ELTIF in 2023.

Sources

Investment funds {{Europe-stub