The Permanent Representatives Committee approved, on behalf of the Council, a compromise agreed with the European Parliament on a regulation aimed at increasing the pool of capital available for long-term investment into the EU economy by creating a new form of fund vehicle (16386/14).
These European long-term investment funds (ELTIFs), by virtue of the asset classes that they would be allowed to invest in, are expected to be able to provide investors with long-term, stable returns.
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