Glossary - Long-term asset funds
Description
A UK-regulated fund structure created by the FCA to allow broader investor access to long-term, illiquid assets such as private equity, infrastructure, and private credit.
Alternate Names
- LFTAs
- UK-regulated long-term fund
- FCA-authorised asset fund
- Semi-liquid private market fund
- Long-term investment vehicle
- Private markets access fund
- Regulated private equity fund
- Institutional-grade retail fund
