Alternative Fund Servicing in Ireland

Tapping into Ireland's world-class alternatives toolkit

Why Ireland for Alternatives?

  • +245% to €3,324bn

    Irish-domiciled assets in the past 10 years

  • +288% to €796bn

    Irish-domiciled alternatives assets*

     

    * Irish domiciled funds €3,324bn in 2020 versus €964bn in 2010. EFAMA ‘Why Irish Funds?’ report, 2020.

  • 90+ Countries

    A growing global distribution footprint

BBH is currently supporting a range of clients to develop and distribute their Irish domiciled alternative structures, from the refreshed ILP to the tried-and-tested ICAV. Start a conversation with us today.

Ireland has a very effective double-taxation treaty regime and offers an efficient way for firms to set up a base for international fund distribution.

Ireland’s uniquely flexible regime enables alternative managers with existing structures elsewhere to expand their strategies into Ireland, providing for tax-transparency, corporate structuring, and investor needs.

The Central Bank of Ireland has outlined a clear commitment to deepening the pool of capital available for alternative investing, and the domicile offers a sophisticated range of structures available to asset managers.  

Irish Qualifying Investor Alternative Investment Fund (QIAIF)

  • Used for private equity, venture capital, property, infrastructure etc funds
  • Flexible regulatory framework for alternative funds to access the marketing benefits of the EU’s Alternative Investment Fund Managers Directive (AIFMD)
  • Can be structured as an ICAV, ILP, Unit Trust, CCF

The following structures cater for tax, investment or client needs

Irish Collective Asset-Management Vehicle (ICAV)

  • Corporate vehicle that sits alongside plc
  • Can be both UCITS (liquid) and AIF (illiquid)
  • Non-Irish funds can migrate to Ireland and become an ICAV


Investment Limited Partnership (ILP)

  • Ireland-based General Partner in agreement with global Limited Partner investors
  • Structure recently refreshed with enhancements from areas to AML to AIFMD compatibility


Common Contractual Funds (CCFs) / Unit Trusts / Variable Capital Companies (VCCs)

  • Varying tax capabilities
  • Cater to a range of risk allocation, investment strategy or client needs


The 1907 Limited Partnership

  • Unregulated private equity structure

We have access to deep expertise in product strategy and design in Dublin, which our clients use as a launchpad for their international growth.



Ainun Ayub

Senior Vice President
London | England

BBH Alternative Fund Services

We provide administration, depositary and investor servicing to a range of regulated collective investment schemes offering illiquid and liquid asset classes and strategies, from real assets, private equity and private debt, to syndicated loans, hedge, and hybrid funds.

Our dedicated Regulatory and Distribution Intelligence experts help you to navigate international jurisdictions and take the best strategic approach to growing your alternatives business.

We are available to talk to you about getting the most out of Ireland’s powerful regulatory toolkit. Contact us today to find out more. 

Why BBH?

We have a long track record of working closely with clients on product and platform design as well as the day to day operational workflows, in support of their product and regional growth. We draw on our deep base of practical expertise which has been built up over decades, and our forward-looking vantage point in the industry.

 

BBH also specializes in helping U.S. clients to launch and develop structures in Ireland as a platform for global distribution. Our clients find Ireland’s time-zone advantages, lack of language barrier, easy access from the U.S., and cultural alignment, attractive.

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    Work with our experts to optimize product design and implementation and improve your time-to-market.

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    Get more insights from your data using our powerful analytical tools.

     

    Integrate third-party data to optimize your decision-making.

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    Access a range of managed reporting services for your investors, regulators, and other stakeholders.

     

    Optimize your management information and quality control, with on demand customizable reporting.

Our Latest Insights

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    We continue to track the progress of the Irish Investment Limited Partnership Bill (ILP Bill) through its voyage, this week it took a couple of significant and most welcome policy steps towards its conclusion.

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