Investment Limited Partnerships 101 (Part 2)

Enhancements to the Irish regime governing the investment limited partnership (the “ILP”) have led to increased interest in this structure as an option when considering the establishment of a new investment fund. The first part of our advisory series provides answers to the key questions on the features of the ILP. This part reviews the asset classes for which a partnership structure is typically considered and outlines details of the recent guidance issued by the Central Bank of Ireland that provides clarity in relation to the use of certain fund features that are typically available to closed-ended funds investing in these asset classes.

 

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