Eltifs,First 2 authorised by A.M.F. in France

A.M.F. has authorised the  first two ELTIF funds

The   ELTIF funds authorised by A.M.F. in France are two specialised professional funds which are classified as French limited partnerships, or SLPs. The funds have made their aim to invest €1.2 billion of equity or quasi-equity into long-term infrastructure projects. They will not have the capacity to originate loans, and have been restricted to professional investors only, they will also offer set terms for redemptions over the 25-year life span of each fund.

These are the first two funds off the racing block and will be watched by many both for how they are structured and how they are implemented.

As it is expected that these types of funds will eventually  total 400 billion euros a year and infrastructure investment throughout Europe will be large ,the toe in the water has been placed .

And the starting block has been placed for more to follow.

ELTIFS in Europe

As we move on towards the first issue of an Eltif  www.eltifsinthe.eu  we wonder how it will be actually structured and for how much.Retail investors are looking for many ways to invest their funds and this should wet their appetite . The diverse  types of investment within an Eltif if structured correctly should spread any risk  more evenly.

Eltifs Authorisation is Past the Winning Post

We are now past the winning post with regards to the authorisation date for Eltifs.

We now await the first  European Long Term Investment Fund to see how investors react to the format .

With the amount of investment required in infrastructure throughout the U.K. and Europe it will be interesting to find out which state it will be based in. 

Both Luxembourg and Ireland are working hard to attract such funds to be based .They are both ready to accept them.

The structure of such funds will be important to determine the types of investor they attract.
Eltifs in Europe