Irish Funds Group


Ireland is a recognised global centre for international investment funds. There are over 12,000 professionals employed in the industry servicing assets in 2013 worth over €2.3 trillion in over 12,300 funds. Founded in 2006, our investment funds group is the fastest growing practice in this sector, having advised on more Irish fund launches than any other firm in 2013. (Source: Monterey Insight Ireland Report

Our Dublin based funds partners have unrivalled combined experience going back as far as 1989 when the International Financial Services Centre was first established in Dublin.  Our Dublin office funds group specialises in onshore investment fund products of all types including mutual funds, pension funds, hedge funds, private equity funds, managed account platforms, master-feeder funds, fund of funds and a variety of hybrid structures.

We advise on UCITS (both traditional and alternative strategies), alternative investment funds ("AIF"), both qualifying investor AIFs ("QIAIFs") and retail investor AIFs ("RIAIFs"), including the global distribution of UCITS and AIF products and all related UCITS and AIFMD issues. These regulatory categories can be adapted to fit almost any investment strategy and there are a wide variety of legal structures available:

  • Investment Companies;
  • Unit Trusts;
  • Investment Limited Partnerships;
  • Common Contractual Funds; and
  • Other categories (including Unregulated Limited Partnerships and Special Purpose Vehicles).

Each of these structures offer different legal, regulatory and tax features which can be tailored to suit international investment fund managers and their investors. In addition, legislations is being development which proposes to introduce a new corporate fund structure in Ireland. It is modelled on the European SICAV structure and is similar to an open-ended US mutual fund and is commonly being referred to as the 'ICAV'. One of the primary features of this new ICAV structure will be that it may be classified as a partnership under the US 'check-the-box' taxation rules which historically has not been the case for Irish investment companies. The ICAV will therefore be attractive to fund sponsors looking to target both non-US and US tax-exempt investors. The proposed implementing legislation is due to be enacted in the first half of 2014.

Irish funds are distributed in more than 70 countries worldwide with a truly international investor base. While Irish funds can be classified under many headings, broadly speaking there are two main categories – UCITS and AIFs funds which can be sold to both retail and institutional investors throughout the world.

Further details of each fund structure noted above are available in the News & Expertise section of the website.



Maples and Calder 开曼群岛
Kieran Walsh
work +1 345 814 5353

Cayman Islands

Maples and Calder 开曼群岛
Jon Fowler
work +1 345 814 5526
Maples and Calder 开曼群岛
Iain McMurdo
work +1 345 814 5378
Maples and Calder 开曼群岛
Henry Smith
work +1 345 814 5528


Maples and Calder 杜拜
Tahir Jawed
work +971 4 360 4071


Maples and Calder 都柏林
Barry McGrath
work +353 1 619 2029
Maples and Calder 都柏林
Peter Stapleton
work +353 1 619 2024
Maples and Calder 都柏林
Stephen Carty
work +353 1 619 2023
Maples and Calder 都柏林
Ian Conlon
work +353 1 619 2714
Maples and Calder 都柏林
Adam Donoghue
work +353 1 619 2718

Hong Kong


Maples and Calder 伦敦
Paul Govier
work +44 20 7466 1631

Combining our partners' expertise with the firm's core values ensures that our advice is commercially focused and solutions driven.

Barry McGrath, Partner, Dublin