Tuesday August 4, 2020

More fund vehicles on way as government finalises investment legislation

The long touted makeover of the Investment Limited Partnership Act 1994 has been finalised by the Department of Finance and is understood to contain significant changes

Daniel Murray

Business Reporter

@danieltmurray
26th May, 2019

Alternative Investment Fund vehicles known as Irish Investment Partnerships (ILP) are to to be overhauled in new legislation being brought to cabinet on June 11.

The long touted makeover of the Investment Limited Partnership Act 1994 has been finalised by the Department of Finance and is understood to contain significant changes, bringing Irish ILP’s in line with similar vehicles internationally and making Ireland a more attractive destination for private equity funds. Limited partnership structures in Delaware...

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