Matheson Webinar: Key Issues When Launching A Credit Fund In Ireland

• Published date: 09 March 2023
• Subject Matter: Finance and Banking, Wealth Management, Financial Services, Fund Management/ REITs, Wealth & Asset Management
• Law Firm: Matheson
• Author: Catriona Cole, Michelle Ridge and Gerry Thornton

At our recent interactive webinar, our expert panel Michelle Ridge and Catriona Cole from our Asset Management Department and Gerry Thornton from our Tax Department discussed the opportunities available for asset managers when structuring and operating private credit funds in Ireland, including a consideration of the latest market trends and regulatory developments.

Opening the discussion, our panel outlined Ireland's proven track record as an international fund domicile of choice, noting that 17 of the top 20 global asset managers have chosen to locate their funds in Ireland. Ireland is the only English speaking, common-law jurisdiction in the European Union and it offers managers unparalleled access to EU investors. It also has an pragmatic and efficient business, tax and regulatory environment with best in class service providers and a commercial and solutions focused service culture.

Asset Management partners Michelle and Catriona provided an overview of the two main Irish legal vehicles used to pursue credit strategies ie, the ICAV and the Irish investment limited partnership ("ILP") and offered a comparison with the vehicles available in other jurisdictions. The panellists also...