Private markets investment management firm Hamilton Lane has launched its first European Long-Term Investment Fund (Eltif 2.0), providing retail investors in the European Economic Area (EEA) with institutional-quality private market investments through a diversified, multi-manager strategy.
Eltif 2.0 refers to the revised Eltif regulation, which came into effect in January 2024. It’s an update to the original ELTIF framework (launched in 2015) and is aimed at making ELTIFs more attractive to investors—especially retail investors—while encouraging more capital flow into long-term investments across the EU, like infrastructure, private equity, real estate and small and medium-sized enterprises.
The Hamilton Lane Private Markets Access Eltif is among the first Eltif 2.0 structures available, offering “lower investment minimums, full capital deployment from day one and enhanced liquidity” compared to traditional private market funds.
Designed for global diversification, the fund provides exposure to buyouts, growth, venture capital and infrastructure investments through a single allocation. It primarily implements investments via co-investments and secondaries, ensuring access to high-quality private market opportunities.
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Richard Hope, head of Emea and global co-head of investments, said: “Across Europe and globally, we continue to pursue greater access to private markets for a broader set of investors. As one of only a handful of firms offering the ELTIF 2.0 structure today, our distribution partners now have the ability to offer retail investors in Europe the opportunity to benefit from the proven value creation opportunities provided by the private markets.”
The Eltif 2.0 framework enables evergreen structures, allowing retail investors greater flexibility in portfolio building while simplifying access to private markets.
Steve Brennan, head of private wealth solutions, added: “Individual investors have long lacked access to the flexible, transparent solutions from top-tier private markets managers that large institutional investors have long enjoyed, and this latest addition to our evergreen platform was created to help change that. We are committed to offering this audience simplified, flexible solutions that work for them.”
According to Hamilton Lane’s Private Wealth Survey, 60% of financial professionals are planning to allocate 10% or more of their business to private market investments by 2025.
The fund will be available through distribution partners across Germany, Italy, Spain, France, the Nordics and other European regions.
