Reform Of Ireland's Investment Limited Partnership Legislation

Author:Mr Kerill O'Shaughnessy, Eimear Keane, Emily Davy and Paul Farrell

On 18 July 2017, the Government of Ireland took a major step in the process to reform Ireland's existing investment limited partnership legislation by approving the legal drafting of the Investment Limited Partnership (Amendment) Bill, 2017 (the "ILP Bill").

The goal of the ILP Bill will be to update and modernise the current investment limited partnership legislation, further enhancing Ireland's suite of legal structures available for fund formation, and in particular Ireland's offering for global private equity, venture capital, infrastructure, loan origination and other real asset-focussed investment funds. This announcement demonstrates Ireland's continued commitment to grow its funds sector and to remain a...

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