Law360, New York ( March 16, 2015, 6:30 PM EDT) -- On March 12, 2015, legislation introducing Ireland's newest investment fund vehicle came into effect. The Irish Collective Asset-management Vehicle Act 2015 is the culmination of a joint government and industry effort to make available to promoters "a legal framework for a corporate fund structure which is not a public limited company," and gives effect to one of the commitments of the Irish government in its Strategy for the International Financial Services Industry in Ireland 2011-2016. ...
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