Munich Private Equity, a Bavaria-based firm which offers retail investors access to institutional private equity funds has launched its second European Long-term Investment Fund (Eltif) which comes with a minimum buy in of €5,000.
The fund focuses on small and mid-sized companies (lower mid-market) and invests exclusively in target funds and companies based in Europe.
Through a single investment, retail investors gain access to a broad selection of institutional private equity target funds focused on the lower mid-market and, in turn, to numerous mid-sized companies across various industries in Europe.
It is a closed-ended fund whose term ends on 31 December 2039 and whose distribution phase begins on 1 January 2032.
“Europe’s small and mid-sized companies are the backbone of our economy. Roughly half of Europe’s value creation comes from these companies. Many of them are market or technology leaders in their specialized markets, yet remain largely inaccessible to retail investors,” said Norman Lemke, Chairman of the Management Board of Munich Private Equity.
“Our new Eltif opens up investment opportunities in exactly these companies, allowing investors to participate in the innovative strength and long-term growth of Europe’s lower mid-market.”
Like its predecessor, the MPE Mid Market Private Equity Eltif 2 was launched in its home market Germany and approved by the German regulator BaFin. In addition to Germany, the second ELTIF will also be offered for distribution in Austria.
