Last year was yet another record breaking year for the Irish
funds industry and asset levels in funds domiciled in Ireland have
now passed the €2.5 trillion milestone, with over 7,290 Irish
domiciled funds in existence, 986 fund managers having established
funds in Ireland from over 53 countries and Irish funds being
distributed in over 90 jurisdictions.
These impressive figures have been achieved as a result of
Ireland’s strong regulatory environment, service provider
expertise and our product range in a dynamic and ever evolving
international funds industry.
The introduction of the Irish collective asset-management
vehicle, or ICAV, in 2015 was a very innovative and welcome
development for the Irish fund structure range, and has proved
massively popular and successful, becoming the
“go-to” vehicle for asset managers
establishing Irish funds. Now it is time to focus on enhancements
to another of our fund vehicles, the investment limited partnership
(the “ILP”).