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By Silke Bernard-Alps, managing associate, investment management group, Linklaters LLP, Luxembourg
Finally adopted…
On 10 March 2015, the EU has finalised two and a half years of intense work on an important new EU Regulation (the “Regulation”) that will create a new investment vehicle called European Long Term Investment Funds (hereinafter: “ELTIFs”). The Regulation is one element of a far-reaching political agenda that is trying to realise the European ambitions for a new era of growth and for building a mutually beneficial cooperation between the real economy and the financial markets.
The ELTIF Regulation will create an entirely new legal framework. It will allow investors across Europe to participate in the re-building of the...
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