Unrealised potential

by Jon Whiteaker 15 November 2023

Ireland is perhaps best positioned to take market share away from Luxembourg as a fund domicile for PE funds. It also offers full passport access to market funds across the EU but has a lower cost base than Luxembourg.

Fergus McNally, a Dublin-based partner at EY, says that because Ireland has more than 30 years’ experience as a centre of asset management – though predominantly in open-ended funds – it is “primed to expand significantly as a centre for private asset classes”.

McNally highlights “a bustling ecosystem that employs over 17,000 people across fund administration, global custody and depositary firms, fintech providers and professional services firms”.

A number of fund administrators have recently opened their first offices in Ireland, including Highvern and...

Categories: AnalysisFundraising & fund structuringDomicilesOutsourcingFund administrationRegs & ComplianceDomicile

22 February 2024

Next stop – carried interest

Liquidity event delays are having an effect on waterfall calculation models

23 February 2024

Intapp makes advancements in generative AI

The cloud-based software solution has released a generative AI-enabled package of features designed to help deal teams with automating the processing of unstructured data

22 February 2024

Comment: What you need to know about ELTIF 2.0

Karma Samdup and Vicki Odette, partners at Haynes & Boone, examine how ELTIF 2.0 aims to unlock private market access for retail investors

22 February 2024

Lantern appoints inaugural CTO

Charlie Markham joins the company as it aims to scale its tech capabilities and international expansion

21 February 2024

LISTEN: Top of the ops: Is the grass evergreener?

A conversation with Eurazeo's Luc Maruenda on setting up evergreen fund structures

21 February 2024

S&P acquires Visible Alpha

Company aims to bolster Capital IQ offering as it explores opportunities in wealth management services