Simpson Thacher advised EQT on the launch of its European Long-Term Investment Fund (“ELTIF”), EQT Nexus ELTIF Private Equity (the “Fund”).
The Fund can give individual investors exposure to a similar portfolio as institutions, focused on EQT’s Private Capital strategies spanning early-stage investments, growth and large-scale buyouts, investing in healthcare, technology, and services across Europe, North America, and Asia-Pacific. The Fund is an extension of the existing EQT Nexus evergreen product suite.
The ELTIF regulatory framework expands access to private markets for the non-professional investor category, increasing coverage to more investors within the EU and EEA, and at a lower minimum investment threshold than traditional private asset structures.
The Simpson Thacher team includes Robert Lee, Owen Lysak, Jina Woo, Fraser Padmore, James Connolly and Kurt Thiebaux (Funds).