Brussels, 20/04/2015 (Agence Europe) - On Monday 20 April, the Council of the EU definitively adopted the rules introducing a structure of investment funds concentrating on long-term investment (ELTIFs).
ELTIFs will be obliged to invest the majority of their capital in clearly defined categories of long-term assets, for instance projects or businesses which struggle to obtain bank loans (see EUROPE 11271). They will have to comply with certain information requirements so that potential...