This initiative aims to improve the operating conditions for EU venture capital and expansion fund managers and increase their competitiveness so that they can continue to support innovative companies and the EU economy.

The initiative could deliver a set of simplified, more proportionate and cost-efficient rules for EU venture capital and expansion fund managers to operate and achieve greater scale, thereby stimulating the financing available in the EU.

Consultation and comment period: 15 January 2026 - 12 March 2026