The European Fund and Asset Management Association (EFAMA) reported outcomes from its first dedicated industry-led conference on the European Long-Term Investment Fund (ELTIF), where managers and policymakers reviewed implementation of the ELTIF 2.0 reforms across product design, distribution and national adoption. Participants broadly viewed the reforms as a step forward for mobilising long-term capital into European companies and projects, but argued that additional measures are needed to build a competitive ELTIF ecosystem. Discussions centred on aligning national frameworks and initiatives to facilitate cross-border distribution, including removing protectionist barriers seen as detrimental to end-investors. Participants also highlighted wider use of tax incentives, enhanced retail investor education, and improved recognition outside the European Union through equivalence frameworks and ELTIF education in non-EU markets. An informal survey conducted during the event indicated that almost half of respondents expect 250 to 400 active ELTIFs by 2027, while nearly 70% anticipate asset growth of 50% to 100% over that period; private debt and infrastructure were flagged as likely to attract the most new capital this year, with online platforms identified as the most important distribution channel.
European Fund and Asset Management Association 2025-10-06
European Fund and Asset Management Association forum calls for greater national alignment to accelerate ELTIF 2.0 uptake
The European Fund and Asset Management Association (EFAMA) held its first industry-led conference on the European Long-Term Investment Fund (ELTIF), discussing ELTIF 2.0 reforms. Participants viewed the reforms as positive for mobilising long-term capital but called for further measures to enhance the ELTIF ecosystem, including cross-border distribution and tax incentives. An informal survey suggested significant growth in ELTIFs and assets by 2027, with private debt and infrastructure attracting new capital.