[ M A R K E T R E V I E W | F U N D D O M I C I L E S ] private fund structures to Luxembourg because it has a well-established LP structure . “ It ’ s a testament to the Irish government for getting this over the line because obviously private equity is still extremely popular and a strategy that is thriving .” The Irish funds industry has seen growth of 40 % over the past two years to
November 2020 , with an additional 119 firms entering or expanding in the market during the Brexit transition . Many global custodians and fund administrators are positioning themselves to capitalise on the expected boom of the private funds market , having already invested significantly in building up their presence in Ireland .
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