Carne acts as management company for one of the first Irish Investment Limited Partnerships (ILPs)

11 May 2021
Carne-Management-Company--for-one-of-the-first-Irish-Investment-Limited-Partnerships-ILPs

Carne Group is delighted to act as Management Company for Credit Value Partners LLC on the establishment of one of the first funds to be set up using the new Irish Investment Limited Partnership (ILPs) regime which came into force in February 2021. The Carne team worked closely with Arthur Cox and U.S. Bank on this project.

The Investment Limited Partnership (Amendment) Act 2020 modernised the law governing investment limited partnerships to make the ILP a vehicle of choice for implementing private equity, venture capital, private debt and real assets investment strategies in Europe.

This new regulated partnership structure will appeal to global investment managers looking to raise capital in Europe.

To find out more read our Regulatory Update, view our ILP Opportunities Webinar or contact your Carne Relationship Manager or a member of the Carne team below to discuss the benefits of setting up your fund under the new ILP structure.

 

Ireland

Des Fullam
Group Chief Product & Regulatory Officer
+353 1 489 6805
des.fullam@carnegroup.com

 

USA

Nicola Cowman
Director
+1 347 410 0927
nicola.cowman@carnegroup.com

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