Irish-qualified investor funds give managers flexible and adaptive structure

Hybrid Structured Credit Funds: Securitisation moves into new paradigm


This risk-spreading requirement derives from the Companies Act 1990 and so does not apply to unit trusts, common contractrual funds (CCFs) or investment limited partnerships (ILPs). If a fund intends to engage in significant over-the-counter (OTC) derivatives trades, the Financial Regulator will expect the fund to limit its exposure to each OTC counterparty to 40% of net assets unless the fund intends to appoint a prime broker, in which case it may have unlimited exposure to such prime broker.