Ireland’s modernised Investment Limited Partnership (ILP) structure is often considered the final piece of the puzzle in the jurisdiction’s offering to alternative asset managers. Launched in early 2021, the ILP was accompanied by a period of uncertainty and volatility largely due to the Covid-19 pandemic. Following a year of progress, industry players are expecting greater uptake of the structure among managers. This report provides further detail on the benefits of the ILP, where providers anticipate this growth will come from, and outlines the advantages of domiciling funds in Ireland in the context of current investment trends which see rising appetite for private capital and sustainable investments.