This answer only applies to clients with a custody account with Scalable. Please note that the following answer only applies to clients of our Broker offering residing in Germany, Austria and Italy.
ELTIFs (European Long-Term Investment Funds) provide easy access to alternative asset classes outside the stock market, such as Private Equity. Previously, this asset class was mainly reserved for large professional investors. ELTIFs were introduced by the European Union in 2015 (ELTIF 1.0, Regulation (EU) 2015/760) and largely reformed in 2024 (ELTIF 2.0, Regulation (EU) 2023/606).
The main changes include a reduced minimum investment, the (possible) elimination of the minimum holding period, improved liquidity options and a simplified subscription process. ELTIFs can be imposed on various asset classes such as private equity, private debt, infrastructure and other real assets.
At the launch of the new offering, Scalable Capital was the first investment platform in Europe to offer access to the BlackRock Private Equity Fund (ELTIF). You can find more details about the fund on our website. The offering will be further expanded in the future.
Investments involve risks. Liquidity restrictions apply. Consider specific product information.