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Why Ireland For Private Equity? The Irish Investment Limited Partnership - Finance and Banking

To print this article, all you need is to be registered or login on Mondaq.com. 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

Crestbridge launches Irish operations

Crestbridge launches Irish operations Alternative fund administrator Crestbridge has opened an office in Dublin and hired two fund professionals. Andrea Lennon (pictured) joins as head of funds, Ireland, while Áine Hickey joins as head of risk and compliance. Lennon was most recently a director at FundRock Management Company in Dublin, and Hickley was business unit director at Intertrust Group from 2013 to the end of last year.  The Irish office marks the latest addition to the firm’s international presence, following the opening of an office in New Jersey in December last year – its second office in the United States. Michael Johnson, group head of institutional services at Crestbridge, highlighted the Irish Investment Limited Partnership (ILP) legislation, which is said to further bolster the country as an alternatives destination.

IQ-EQ expands Global Funds Division into Ireland -Asian Wealth Management and Asian Private Banking

Mar 4, 2021     Hubbis IQ-EQ has announced its plans to expand its Irish operations with the launch of a dedicated Funds business in Ireland. Enhancing our group’s existing fund services offering, this move signifies the increasing importance of Ireland as a funds domicile, particularly in light of Britain’s recent exit from the European Union and the changes to the Irish Investment Limited Partnership legislation, the firm said in a press release. Ireland is already popular among U.S. fund managers, having cemented its status with the Irish Connective Asset Management Vehicle (ICAV), which complements US tax planning, reports IQ-EQ.

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