Press Release: New Funds to make long-term investment easier

The European Commission on 26 June 2013 proposed a new investment fund framework designed for investors who want to put money into companies and projects for the long term. These private European Long-Term Investment Funds (ELTIFs) would only invest in businesses that need money to be committed to them for long periods of time. The proposal will be presented to the Heads of State and Government at the European Council (27-28 June 2013) where long-term financing of the real economy is on the agenda.

• Primary Source

European Commission: Rapid: MEMO/13/611: European Long-term Investment Funds - frequently asked questions http://europa.eu/rapid/press-release_MEMO-13-611_en.htm

---