Bahamas 
Brazil 
BVI 
Canada 
Cayman Islands 
Curaçao 
USA 
Australia 
China 
Hong Kong 
India 
Japan 
New Zealand 
Singapore 
Belgium 
Cyprus 
Denmark 
Finland 
Germany 
Guernsey 
Ireland 
Italy 
Jersey 
Luxembourg 
Norway 
Spain 
Sweden 
Switzerland 
The Netherlands 
UAE 
UK Imelda Shine talks to Real Deals on Ireland’s long-awaited ILP update
Imelda Shine
Managing Director UK & Ireland
Imelda Shine
Managing Director UK & Ireland
Imelda Shine, Managing Director UK and Ireland at Intertrust Group spoke to Real Deals on the expected outcome of the long-awaited update to the Investment Limited Partnership (ILP) Bill in Ireland, having recently passed all stages of the parliamentary process.
On the new legislation, Imelda said it is likely to result in new business flows into Ireland as it makes it a more competitive jurisdiction for private investment funds.
“Ireland is already a leading jurisdiction for both domiciled and non-domiciled funds. The country administers 40 per cent of the world’s alternative investment funds, for instance – but this new legislation could see that number rise significantly.”
Among other benefits, the ILP regime and the pending updates to the AIF Rulebook offer greater flexibility and cost-efficiencies, allowing improved operation of ILPs for managers and investors.