ELTIFs 2.0: legal and operational perspectives

The long-awaited reform of the ELTIF (European Long-Term Investment Fund) regulation has been adopted by the Parliament on the 15th of Feb 2023. While not fulfilling all its promises, the new regulation improves the attractiveness of the ELTIF regime. By providing clarifications and removing some of the obstacles met with the ELTIF's 2015 iteration, AIMA expects this updated framework to result in an additional EUR100bn in alternative assets funding over the 5 coming years.

• Do you want to learn about the ELTIF regime's advantages, understand its legal and operational constraints?

Along with its experts, PwC Academy is pleased to offer this dedicated training designed to provide professionals with a comprehensive overview on this updated regime.

By the end of this session, participants will understand the different components of the ELTIF regime as updated by the regulation reform, as well as the legal and operational constraints associated with an ELTIF's setup.

• Walk through the various articles of the ELTIF regulation
• Challenges for service providers (AIFMs and depositaries in particular)

This training is coordinated by Xavier Balthazar and Mathieu Scodellaro, Partners in the Regulation, Risk and Compliance practice at PwC Luxembourg.

Xavier, Partner in charge of Regulatory Advisory, has a substantial expertise in financial sector and funds’ regulations. He participated to many set ups and restructurings of investments funds, management companies and professionals of the financial sector in Luxembourg and abroad, including the definition of their organisation, processes and procedures. He is also a regulatory compliance expert for depositary banks and fund administrations.

Mathieu focuses primarily on alternative investment funds and their service providers, covering a broad range of strategies, from private equity to real estate through more exotic strategies. He has assisted a number of clients, whether established asset managers (including top-tier real estate managers) or first-time fund managers, in the initial structuring, day-to-day maintenance of the fund documentation and special events impacting their funds.