Chief Revenue/Market Officer --> Grow Revenues by aligning Strategy, Go-to-market and Sales execution! —Fintech | SaaS | BPO | Wealth & Asset Management | M&A | Private Equity—
“Is ELTIF 2.0. the key to the retailisation of Private Equity?” is definitely one of the questions we touched upon during the roundtable Frédéric Pérard from STP had the pleasure to co-moderate during the #LPEA Tech Day on 22 May, 2024. The main take-aways of this interesting discussion can be sumarized as follows: 1- Most ELTIF 2.0 new projects are open ended funds with potential high volumes of retail investors; 2- this implies more onboarding work, including AML / KYC and therefore more cost; 3- it also requires to address specific aspects like long lock-up period and the need for liquidity; 4- GPs need to adapt their fee structure to make them simpler and easier to manage; 5- ManCos and Asset Servicers need to get properly equipped to process a mix of bankable and non bankable assets, often held in very different systems… 6- Consequently, ELTIFs 2.0. seem promising but challenging. Let’s see the final RTS and their impact on the market. Thank you #LPEA for hosting this insightful event. For those of you interested in launching ELTIFs, talk to us if you current platform doesn’t fully meet the needs! #ELTIF, #Asset_management, #Asset_servicers, #ManCo, #GP, #LPEA
