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The eagerly awaited Investment Limited Partnerships (Amendment) (ILP) Bill 2020, has been passed in the Dáil and is set to accelerate Irish fund industry growth.
Sanne's Philip Dempsey featured in an expert panel discussion on the new ILP Bill amendments.
The experts discussed the general terms of Irish Limited Partnerships and how these ILPs would compare to similar Limited Partnerships in the market. They also addressed how US investment managers could use them in global distribution strategies and integrate them with other funds the managers sponsor, and certain EU and US tax and accounting matters that would apply to them.
The discussion was moderated by John Hunt - Partner, Investment Management, Sullivan. The panellists included: