Ireland is positioning itself as the private equity domicile of
choice in the European Union (EU). The COO Guide to Ireland spoke
to Conor
MacGuinness, a director at DMS Offshore Investment
Services in Europe, about the opportunities that Ireland offers
private equity firms.
COO: How easy is to launch a private equity fund in Ireland?
MacGuinness: As private equity funds are
classified as alternative strategies falling under the Alternative
Investment Fund Managers Directive (AIFMD) regime, there is a
notification only process to the Irish regulator – the
Central Bank of Ireland – and therefore it is a
straightforward process in that regard. Ireland also has a very
favourable tax environment, which certainly appeals to private
equity shops. In addition, Ireland has a good supply of service
providers catering to private equity, be it fund administrators,
lawyers or auditors. These providers can support private equity
funds during the launch phase and on an on-going