Growth in Irish funds sector sees A&L Goodbody hire new partner

Pictured [L-R]: Julian Yarr, Managing Partner, Kerill O'Shughnessy, Partner and Brian McDermott, Head of Asset Management & Investment Funds

A&L Goodbody has appointed Kerill O'Shaughnessy as a new partner in its market leading Asset Management & Investment Funds team.

Commenting on the appointment, Brian McDermott, Head of Asset Management & Investment Funds at ALG, said: "I am delighted to welcome Kerill to our team. The Irish funds industry continues to show impressive growth and we fully expect that to continue. This growth fuels the demand for the types of specialised and sophisticated legal and advisory services which we provide. Kerill will join our large team of experienced, market leading asset management lawyers, which will be complimented by his deep understanding and knowledge of the funds industry in Ireland and abroad."

Growth in Irish Asset Management & Investment Funds

Ireland is a key global hub for the investment funds and asset management industry. Total net assets of Irish domiciled funds exceeded €2.5 trillion at end of January 2019, representing 5% of global investment fund assets and 30% of EU investment fund assets. Irish domiciled funds have grown 30% in the last four years and there are now more than 16,000 funds industry professionals in Ireland. [source: Irish Funds].

Date published: 18 April 2019