A major hub for global investment funds, Ireland is the largest hedge fund administration centre in the world and one of the leading UCITS domiciles. Ireland’s appeal to investors is based on sound regulatory structures, favourable tax treatment and the expertise of local service providers.
Established in 2010, Dechert’s Dublin office is an essential hub of our globally recognised Financial Services Group. We are the only law firm with lawyers in all four of the EU’s leading centres for international investment funds: Dublin, Frankfurt, London and Luxembourg.
Areas of Focus
Investment Funds and Asset Management
Dechert is a leading advisor to asset managers, investment funds and other financial services firms, representing most of the world’s largest asset managers as well as smaller and emerging managers. Our Dublin lawyers focus on the establishment of onshore funds for worldwide distribution, finding creative solutions for domestic and international financial services clients to access European and global markets through Irish regulated fund structures.
We provide domestic and international investment managers/promoters with structuring, establishment, distribution and ongoing compliance advice on both alternative funds and UCITS covering all types of strategies and asset classes, including:
- UCITS/retail-oriented funds
- property funds
- life settlement funds
- loan funds
- funds of funds
- exchange traded funds
- private equity funds
- money market funds
- Shari’ah funds
- securitisation vehicles
We also provide advice on:
- fund distribution issues
- risk management
- Key Investor Information Document development
- ERISA and other US regulatory issues
- global tax issues
- complex fund structuring and restructuring
- fund litigation
We also assist fund service providers such as administrators, custodians and prime brokers with regulatory challenges facing their businesses.
Our dedicated global distribution team works with the firm’s 27 global offices and a network of correspondent firms to provide coordinated advice on global marketing and sales of investment funds in more than 80 jurisdictions. We assist investment managers with performance advertising issues and specific compliance matters associated with global distribution such as website compliance, anti-money laundering compliance and global beneficial share ownership reporting.
Dechert Secretarial Limited (“DSL”)
DSL is a full service solution for Irish investment funds enabling compliance with Corporate Secretarial requirements, applicable Irish Law, the Irish Corporate Governance Code and the Central Bank’s CP86 initiative. The team includes three (3) full time experienced Corporate Secretaries, focused on ensuring our clients are fully compliant with applicable requirements.
The aim of the DSL team is to reduce the administrative burden of Irish Governance requirements for our clients by providing an efficient Corporate Secretarial service focusing on three key areas; acting as Corporate Secretary, provision of Registered Office and acting as Administrator for the Central Bank Online Reporting system (‘ONR’). Full details of each service are at the following link.
A key feature of the DSL service is the provision and maintenance of the DSL Portal for each of our clients. The DSL portal provides clients with a cost effective online board book solution and calendar that may be accessed through a computer or electronic reader. This innovative technology also allows us to assist clients in fulfilling their CP86 requirements through:
- The provision and maintenance of a central document repository allowing for the immediate retrieval of fund documentation; and
- The establishment and maintenance of a designated email address with the Central Bank on behalf of the client.
Corporate and M&A
Our corporate lawyers advise buyers, sellers and advisers in corporate structuring and complex commercial transactions, with a focus on innovative structuring, ensuring speed-to-market execution and protecting our clients’ interests in all phases of a transaction.
Recognised as a leading adviser among M&A law firms globally, we understand the unique deal terms and issues that arise in the local and regional context and are able to effectively structure and execute transactions to meet the business needs of our varied clients.
Dechert advises multinational companies on employment issues, including contentious and non-contentious matters and structuring to aid in compliance (including AIFMD and UCITS remuneration structuring).
We provide legal guidance and advocacy to clients in Ireland on the establishment of charitable organisations, ongoing corporate and compliance advice, and Irish Revenue Charitable Status applications.
We represent a range of companies in fund securities and general litigation matters. Recognised for our multi-jurisdictional capabilities and deep expertise, we devise litigation strategy, obtain summary judgments or voluntary dismissal of claims, negotiate favourable settlements and prevail at trial.
Finance and Real Estate
Our finance lawyers represent major industry players in structuring, securitising, managing and servicing complex and highly structured and securitised commercial real estate debt assets. We advise bankers and other capital sources on the acquisition, structuring, financing, sale and syndication or securitisation of large complex loans and loan pools. We advise on CLOs and in offerings of both traditional and esoteric asset-backed securities.
Dechert in Ireland is an Irish partnership regulated by the Law Society of Ireland.