Recent industry statistics show increased interest from alternative investment managers in basing their funds in onshore-regulated jurisdictions and as a result of this trend, Ireland recently overtook both Bermuda and the BVI as a domicile for hedge funds for the first time.
While many promoters determine to establish a new fund when relocating onshore, recent legal and regulatory changes in Ireland mean that it is also possible to simply move existing offshore funds to that jurisdiction and this poses a series of advantages considerations when compared with a new launch.
This article explores the precise mechanism through which existing funds can be redomiciled to Ireland and considers the advantages of pursuing this route.
