The amendments to Regulation (EU) 2015/760 on European long-term
investment funds (ELTIF 2) have been published in the Official
Journal of the European Union.
ELTIFs that are already authorised under the current ELTIF
Regulation have until 11 January 2029 to comply with ELTIF 2,
unless they do not raise additional capital, in which case they
shall be deemed to comply with the revised regulation.
ELTIFs authorised before 10 January 2024 may choose to be
subject to ELTIF 2 as long as they notify their national competent
authority. In Luxembourg, ELTIFs can therefore be authorised under
ELTIF 2 from its entry into force as of 9 April 2023.
As a reminder, in 2015, the ELTIF Regulation introduced a new
type of alternative investment fund that has the unique advantage
of being able to market its units/shares/interests across the
European Economic Area to both professional and retail investors.
Despite this major advantage, the number of ELTIF setups, as well
as the