Investment Funds
Europe Guide 2024 : Ireland
Band 1
Email address
[email protected]Contact number
+353 1 920 1000About
Provided by Arthur Cox
Our Asset Management and Investment Funds Group is a market leader, advising on all aspects of investment management issues and the establishment and ongoing operation of investment funds in Ireland.
Our group has in-depth understanding of all types of investment funds, including UCITS, QIAIFs, REITs, hedge funds, private equity funds, loan funds and real estate funds. Our reputation for expertise and innovation is endorsed by an impressive client list consisting of leading international financial institutions, investment banks and asset management companies. We have consistently worked with clients over the years to develop innovative solutions to their product ranges and other requirements. We have been involved in the following transactions, many of which are firsts of their kind:
- Obtaining approval from the Central Bank for the establishment of side pockets in a QIF
- Obtaining clearance from Central Bank to allow UCITS to invest in bank loans
- Obtaining approval from the Central Bank for pooling of collective investment scheme assets
- Arranging the first redomiciliation of a Cayman fund to Ireland
- Establishing the first exchange-traded fund in Ireland
- Establishing the first REIT property fund
- Establishing the first money market fund as a UCITS
- Obtaining authorisation for the first multi-manager UCITS fund
- Obtaining authorisation to establish the first UCITS fund using a Mauritian subsidiary company to invest in India
Chambers Review
Arthur Cox has a powerful practice boasting expertise in a wide range of matters. The law firm has a strong reputation for work on the establishment of ETFs, with further experience in standalone mandates in which ETFs seek to adopt an ICSD model for the settlement of transactions. Arthur Cox assists with the creation of funds that incorporate ESG provisions. The law firm has assisted global fund management services providers with specialised depositary activities authorisation. Arthur Cox frequently acts for US-based clients on Irish law matters.
Work Highlights
- Arthur Cox assisted CIRCA5000 with the establishment of its first ETFs.
Strengths
Provided by Chambers
"Arthur Cox exhibits thoughtful intellectualism in how it approaches complex areas."
"The law firm has a deep pool of partner and associate talent to draw on."
"The Arthur Cox team is extremely knowledgeable and has a strong ability to handle complex problems."
"Arthur Cox has the best ETF team out there."
"Everything the team delivers is always top-notch."
"Arthur Cox exhibits thoughtful intellectualism in how it approaches complex areas."
"The law firm has a deep pool of partner and associate talent to draw on."
"The Arthur Cox team is extremely knowledgeable and has a strong ability to handle complex problems."
"Arthur Cox has the best ETF team out there."
"Everything the team delivers is always top-notch."
Notable Practitioners
Kevin Murphy is highly regarded for his expertise in a range of funds mandates including the formation of UCITS funds. He is US-qualified and frequently acts on cross-border files.
Tara O'Reilly is a leading figure in the Irish ETF space. She also stands out for her experience in the launch of funds that involve UCITS establishment.
"Tara O'Reilly's advice is always well thought through and appropriate."
"Tara is a market leader, especially in the exchange traded funds area."
Dara Harrington advises on a variety of funds mandates including the establishment of loan origination funds and UCITS platform creation.
"Dara Harrington is fantastic, super commercial, a great problem-solver and very responsive."
"Dara is a really strong private funds lawyer."
Cormac Commins regularly advises clients on the establishment of UCITS ETFs and other funds.
"Cormac Commins is an experienced funds lawyer."
Ian Dillon advises clients on a range of matters including real estate funds and ICAV funds.
"Ian Dillon is excellent; he just gets it. He is practical, straightforward and presents legal arguments in a really understandable way."
"Ian is personable, very knowledgeable and always commercial in how regulatory requirements are best managed by the client."
Ranked Lawyers at
Arthur Cox
Ireland