“This new offering addresses demand from our European clients for access to a broader range of financing of companies that make a positive contribution to the societal challenges of today and tomorrow,” said Nicolas Chaput, global CEO ​of ODDO BHF Asset Management, commenting on the launch of the firm’s first Eltif. Photo: Matthias Haslauer/ODDO BHF

“This new offering addresses demand from our European clients for access to a broader range of financing of companies that make a positive contribution to the societal challenges of today and tomorrow,” said Nicolas Chaput, global CEO ​of ODDO BHF Asset Management, commenting on the launch of the firm’s first Eltif. Photo: Matthias Haslauer/ODDO BHF

ODDO BHF Asset Management has announced the launch of its first European long-term investment fund (Eltif). The new fund is structured under the revised Eltif 2.0 regulation and aims to increase access to private equity by retail investors.

ODDO BHF Asset Management on 9 April 2024 announced that it was launching its first European long-term investment fund (Eltif), called ODDO BHF Commit for Tomorrow Eltif. Classified as an article 8 fund under the EU’s Sustainable Finance Disclosure Regulation, which means it promotes environmental and/or social characteristics, the fund aims to finance solutions to issues related to energy storage and water treatment.

“This new offering addresses demand from our European clients for access to a broader range of financing of companies that make a positive contribution to the societal challenges of today and tomorrow,” commented Nicolas Chaput, global CEO ​of ODDO BHF Asset Management, in a press release.

, the new Eltif is intended for distribution to a broad range of clients, particularly in Germany, Austria, Belgium, France, Italy and Luxembourg, said the firm. It is structured under the Eltif 2.0 regulation--which includes --and “is managed under a strategy previously reserved for professional clients,” noted the press release.

ODDO BHF Asset Management has €58bn in assets under management as of 31 December 2023 and investment centres based in Paris, Düsseldorf, Frankfurt and Luxembourg. ESG integration, exclusions and active ownership are the pillars of its sustainability strategy, said the firm.

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