The Formation of a Private Credit Fund and Life Cycle – How Arthur Cox can help

Our fund establishment team is fully equipped to advise clients throughout the entire life cycle of a fund from establishment to liquidation and everything in between.

STEPS
1. STRUCTURING	Advising you on the choice of vehicle e.g. ICAV or ILP Tax structuring advice Advising on distribution strategy in light of target investors Analysis of the investment policy and advising on any regulatory requirements Introductions to service providers (including AIFMs, depositaries and administrators) and directors Establishing subsidiaries Establishment of carried interest vehicles, alternative vehicles and parallel funds
2. DOCUMENTS/NEGOTIATION	Drafting constitutional documents e.g. limited partnership agreement or instrument of incorporation Drafting prospectus and supplements Negotiation with investors including side letters Drafting or reviewing financing documents Drafting policies and procedures
3. OBTAINING AUTHORISATION	Preparation of Central Bank application Submission of Application to Central Bank (authorisation received in 24 hours) Obtaining marketing passport Assisting with any registrations
4. LAUNCH	Coordination of closings AML advice Closing any financings
5. DAY-TO-DAY OPERATIONS	Maintenance of regulatory compliance calendar Fund company secretarial services Assistance with quarterly board meetings Preparation of board packs Review of annual and semi annual accounts Board training Advice on regulatory changes Assistance with subsequent closings Advice in relation to change of service providers
6. WINDING UP/LIQUIDATION	Drafting liquidation step plan Liaising with liquidators Assisting with de-registrations

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