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Recognising the demand among fund managers to utilise a
regulated partnership vehicle, a number of important enhancements
have recently been made to the Irish Investment Limited Partnership
("
ILP") vehicle through the enactment of
the Investment Limited Partnerships (Amendment) Act 2020 (see our
earlier update
). These
enhancements are aimed at ensuring that Ireland has a 'best-in
breed' regulated partnership vehicle building on Ireland's
position as the domicile of choice for asset managers wishing to
establish European investment funds. Our briefing note "The
Irish Limited Partnership - Partnering for Growth" outlines