Eltif 2.0 is powering a wholesale private equity transformation

Through various legislative acts over the past 10-15 years, the EU’s push to democratise private markets has transformed how private equity does business, with a heavy helping of technology and fund management tools allowing for what could be a massive influx of smaller-denominated investors. Market participants are feeling their way forward into the new paradigm, some being quite certain that change has now come in the impending form of the new European Long-term Investment Fund.

Eltifs: Esma opens consultation on standards

Europe’s top financial supervisor on Tuesday said it has opened up a consultation on the draft technical standards for European Long Term Investment Funds, or Eltifs, to collect input from the industry. Interested stakeholders have until 24 August to provide input.

The standards, known formally as the ‘RTS’, shed more light on the redemption policies and matching mechanism for Eltifs. The consultation also asks the industry to comment on the proposed disclosure requirements for costs of Eltifs.