Business brief
The Long-Term Investors’ Club
A global platform of major investors
The need for long-term investment is more urgent than ever given the rapid changes our societies are undergoing.
from the G20 and OECD countries, representing a combined balance sheet total of US$3.2 trillion.
Responding to major challenges, such as shifting to a low-carbon economy or supporting sustainable urban development and infrastructure building, will require massive financial resources.
The Long-Term Investors’ Club is a member driven and project oriented organisation. Among the first achievements of the Members: • two major equity investment funds
Since many of our national budgets are constrained by the current financial and economic crisis, there are now few options other than adopting the regulatory frameworks to incite long-term investment and encouraging cooperation between long term investors to take up these challenges.
• the Marguerite Fund, that supports strategic investments in the fields of energy, climate change and transport infrastructure in the EU’s 27 Member States;
This is the mission of the Long-Term Investors’ Club (www.ltic.org). Founded in 2009, the Long-Term Investors’ Club aims to bring together major worldwide institutions–including sovereign wealth funds, public sector retirement funds, private-sector pension funds and development banks–to assert their common identity as long-term investors and to facilitate greater cooperation between members. The Long-Term Investors Club is today composed of 14 major financial institutions and institutional investors from all over the world, in particular 56
• the InfraMed Infrastructure Fund; dedicated to long-term investments in sustainable transport, energy and urban infrastructures in the countries of the Mediterranean’s southern and eastern shores. These equity funds are prototypes of new financial instruments, combining public and private investors to finance long-term investments. They have both realised their first investments and expect to reach final close in the coming months. • Active contributions to European and international debates on the regulatory framework applicable to long-term investment (Basel III, IFRS, IASB standards, OECD work on long-term investment, etc). See www.ltic.org