The Dillon Eustace Asset Management and Investment Funds team advises international and domestic asset managers, banks, insurers, pension funds, supranational organisations, prime brokers and other counterparties, fund administrators and custodians, securities lending agents and others in relation to all aspects of the asset management and investment funds industries.
Our team represents the largest number of Irish domiciled funds (Lipper 2008) as well as funds domiciled in Cayman, BVI, Jersey and other centres reflecting the fact that the Asset Management and Investment Funds practice has been, and remains, one of the firm's core activities with partners having been to the forefront of the Irish industry from its beginnings in the late 1980s to the present day. Current industry participation includes Committee I, International Bar Association, AIMA, past and present membership of the Council of the Irish Funds Industry Association ("IFIA") and various IFIA committees as well as several other representative bodies.
Across all product types - from UCITS III to the full spectrum of alternative products such as hedge funds, FoHFs, real estate and private equity funds - the team advises on product design, authorisation and launch, prospectus and contractual documentation negotiation, interaction with regulators and exchanges, funds listing and tax issues, bringing to bear in-depth knowledge and expertise, product innovation and a "can do" attitude, most recently evidenced with CCFs, new UCITS III asset classes, the first non-Italian hedge fund authorised for sale into Italy, negotiating significant changes to the custody rules for Irish real estate funds and some unique hedge fund and FoHF products.
The team is recognised internationally as one of the most innovative and dynamic groups of lawyers in this practice area, most recently being awarded "Best European Law Firm 2008" by Hedge Fund Journal.
Other recent references to the team include the Legal 500 2007 ("Exceptional" Dillon Eustace is an investment fund powerhouse … the firm has been very active on submissions to regulators on product design and, most recently, on valuations of OTC derivatives, master-feeder structures and real estate fund rule changes") and Chambers 2008 ("Clients fell over themselves to praise this funds practice … it is a clearly established leader in the field with a strong reputation in both the local and international marketplace. The "young, helpful, keen and creative" team offers a "friendly and no-nonsense approach" combined with "flexibility, productivity and clear expertise").
We have an active secondment programme with many of our team having worked or currently working with clients in Paris, New York, London, Philadelphia and Dublin not only assisting our clients but giving our lawyers practical exposure at the coal face.
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