Updated Irish limited partnership law approved by Irish Government

Regulated limited partnerships in Ireland are established pursuant to the Investment Limited Partnership Act 1994, which is now 25 years old and in need of reform. The Bill amends the current rules to reflect developments in investment funds regulation at a European level. It is hoped that the enactment of the Bill will make Ireland a more attractive domicile for private funds managers.

Read the Irish Government’s press release here.

If you require any further information in connection with the Investment Limited Partnership (Amendment) Bill 2019, please contact Fionán Breathnach, Elaine Keane, Niamh Ryan, James McKnight or Hazel Doyle.