Recent reforms will take effect on 1 February to the Irish legal regime for Investment Limited Partnerships.  With these reforms, Ireland now has a modern and flexible tax transparent limited partnership vehicle for private equity and other illiquid asset strategies, which compliments the successful ICAV structure.  This Guide gives a high level overview on the key legal and regulatory features of the structure. We cover: 

  • Background
  • Legal Form and Features
  • Central Bank Authorisation
  • Parties to the Structure
    • General Partner
    • Limited Partners
    • AIFM and Other Service Providers
    • Umbrella Fund Structures
    • Migration of Limited Partnerships
    • Irish Tax Regime
  • Establishing a QIAIF ILP
  • Snapshot of key rules for a QIAIF

Click here or on the image below to download our full briefing.


The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.