The news in April that a number of law firms were planning an entry into the Irish fund industry came as little surprise to the market.
Increased interest from managers and investors in regulated products means Irish law firms’ funds practices are busy. That in turn has led to interest from outside the market in having a Dublin presence.
UK-headquartered international firm Eversheds made the first move. It hired Stephen Carty from Dillon Eustace to head a funds practice at its Irish branch,