INVESTMENT LIMITED PARTNERTSHIP (ILP)
ILP: the ILP is a regulated limited partnership structure used
as a structuring solution for private equity strategies and an
alternative to the Luxembourg SCSp.
Regulated Structure: 24 hour authorisation process. No review of
fund documents by Central Bank of Ireland (pre-submission required
for funds investing in Irish property and crypto assets).
Broad Flexibility: flexibility in relation to investment
strategy & policy and not subject to any borrowing or leverage
limits. All the typical mechanisms and features of a private equity
fund can be accommodated in the ILP (e.g. waterfalls, carried
interest plans, excuse/exclusion).
Marketing Passport: ILPs with an EU AIFM can avail of the EU
marketing passport.
