Channeling private investment to support the growth and competitiveness of EU companies is at the top of policymakers’ agendas right now. With new rules in place, ELTIFs could have an important role to play in achieving this goal. We hosted a virtual conference on 22 October on ELTIF 2.0 bringing together regulators, asset managers, distributors and wealth managers to discuss the future of this revamped product. The event included a keynote speech from Martin Merlin, Director for Financial Markets (DG FISMA) at the European Commission, and two panel discussions on the market for ELTIF products and engaging the ELTIF investor.
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14:00 - Keynote speech from the European Commission
Martin Merlin, Director, Financial Markets, DG FISMA
14:15-15:15 - Panel 1: The revised regime, its impact on the EU real economy and its reach outside of Europe
Industry and public sector experts explored the new regime and whether it is more effectively achieving the policy goals at the heart of the ELTIF – facilitating investments in SMEs, green initiatives, and digital transformation across Europe. Our panellists shared insights into how the ELTIF 2.0 is impacting the market and driving new product designs, as well as encouraging expansion into new markets, potentially making the ELTIF into a new global label.
- Martin Parkes - Managing Director, Co-Head of EU Public Policy, BlackRock (moderator)
- Ivan Kuznetsov - Policy Officer, DG FISMA, European Commission
- Loredana Carletti - CO Head of Business and Product & Head of Real Assets, Amundi Luxembourg
- Chrystelle Charles-Barral - Managing Director, Neuberger Berman
- Peter Sankey - Product Manager, Schroders
15:45-16:45 - Panel 2: Incentivising retail and institutional investor participation
This panel focussed on the investor, exploring how the revised regime facilitates and incentivises retail investors to access long-term private investments. We questioned how to engage this broader audience, including removing entry barriers, adapting distribution channels, and leveraging investor education and technology. Insights on how countries like France and Italy have successfully incentivised ELTIF investments through tax and insurance products were also discussed.
- Pieter Leguit – Partner, Simmons & Simmons (moderator)
- Stéphane Blanchoz - Head of Alternative Solutions, BNP Paribas Asset Management
- Jocelyn Pidoux - Head of Asset Manager Solutions EMEA, iCapital
- Salvatore Sberna - Head of Alternative Investments, Azimut Investments SA
This online event was open to the public and the media.
