Private equity comes to Ireland

Ireland’s Investment Limited Partnerships (Amendment) Bill is about to become law.

The new ILP falls within AIFMD and should make Ireland a major jurisdiction for
private equity.

Maples has written the following on the ILP:
‘The ILP is a regulated common law partnership structure which will be of significant interest to Irish and international managers marketing to EU investors and wider global markets once the new enhanced structure is available. The new ILP will fall within the AIFMD regime and will be able to fully avail of the marketing passports and associated investor protection features.

For more on this story see the December issue of The NED.