Euroclear expands private market reach with Blackrock deal
Euroclear, the Brussels-based securities custodian and settlement giant, has taken a significant step forward in the private markets space by securing a partnership with BlackRock, the world’s largest asset manager.
Esma register shows 29 new Eltifs authorised in first half
The revamped Eltif 2.0 framework, effective since January, is breathing new life into the sector, with Luxembourg playing a central role in this expansion of the market for European Long-Term Investment Funds.
Latest Eltif 2.0 RTS proposal seen as ‘workable’ for Luxembourg
Marc Meyers and Sebastiaan Hooghiemstra at Loyens & Loeff highlight the key changes in the draft regulatory technical standards for Eltifs, and see the latest proposal by the European Commission as a “reasonably workable” match for Luxembourg’s market practice.
Luxembourg eases creation of Eltifs from existing private funds
Creating European Long-Term Investment Funds (Eltifs) as sub-funds under existing alternative investment funds has become a bit easier in Luxembourg. Firms no longer need to fill out a separate CSSF approval form for a new sub-fund when adding an Eltif-class to an existing fund.
App makes PE investing as easy as ordering pizza
Moonfare is offering a golden ticket for the masses with its new app, making private equity investing as simple as ordering a pizza.
BlackRock sees Eltif2 wrapper as vehicle of choice
Six months after the rollout of Eltif 2.0, the BlackRock private markets team believes this updated wrapper has the potential to become the vehicle of choice for private market investment.
Luxembourg to publish new Eltifs monthly
Luxembourg’s financial regulator CSSF plans to make public an online register of European long-term investment funds (Eltifs) later in in July. The register will be updated every month with new registrations.
Tax breaks seen as essential for Eltif success in European markets
European ambitions to boost capital flow through increased retail investment, exemplified by the European Long-Term Investment Fund (Eltif), hinge on tax incentives to encourage widespread savings, essential for success.
Another 40 Eltif funds in the pipeline, say experts
Some 40 new Eltif funds, enabling European retail investors to put their money in private markets, are understood to be in the pipeline, due to enter the market in the coming months.
CSSF: Eltif 2 approvals proceeding smoothly, despite RTS delay
Approvals of new European Long-Term Investment Funds in Luxembourg are proceeding smoothly, despite the relays with the adoption of regulatory standards for the second generation of these funds, the CSSF’s supervisor in charge of investment funds, Marco Zwick, told the Alfi conference on Tuesday.