David Naughton is head of the firm’s financial services practice.

David focuses his practice on investment fund formation, debt capital markets and financial services regulatory matters. He primarily represents institutional and entrepreneurial investment managers, financial services firms and private investment funds in all aspects of their business.

David’s experience includes structuring investment management firms, hedge funds, private equity funds, hybrid funds and funds of funds; and structuring and negotiating seed and strategic investments. He also regularly advises investment management firms and their principals on financial services regulatory compliance and acquisitions in Ireland. David frequently advises fund clients in the ESG and fintech spaces and is developing expertise in digital asset fund structures

Experience

  • Advised a large U.K. manager on the enhancement of its UCITS management company’s licence through the addition of an AIFM licence, with a bolt-on authorisation to perform IPM;
  • Advised a UCITS management company on the passporting of its marketing licence into various EU member states on both a freedom of establishment and freedom of services basis;
  • Advised a leading asset manager in Ireland on the extension of its AIFM licence through the addition of a UCITS management company licence;
  • Advised the promoter of an ICAV, regulated as a multi-investment manager UCITS, pursuing a range of investment strategies;
  • Advised the asset manager of a unit trust, regulated as a RIAIF, on its re-authorisation as a UCITS and as a money market fund;
  • Advised the asset manager of an ICAV, regulated as a QIAIF, on the approval of a new sub-fund pursuing a private equity strategy.

Related Practice Areas

More about David Naughton

Awards &
Recommendations

Recommended for Investment Funds.

Legal 500 2022
Awards &
Recommendations

Recommended for Investment Funds.

Legal 500 2021
Awards &
Recommendations

Recommended for Investment Funds.

Legal 500 2020
Photo for article The Individual Accountability Framework:  Implementation by The Central Bank

The Individual Accountability Framework:  Implementation by The Central Bank

On 9 March 2023, the Central Bank (Individual Accountability Framework) Act 2023 (IAF Act 2023) was signed into law. This legislation provides a substantial...

Photo for article Own Funds Requirements for UCITS ManCos and AIFMs:  Changes Proposed by Central Bank

Own Funds Requirements for UCITS ManCos and AIFMs:  Changes Proposed by Central Bank

The Central Bank of Ireland is proposing to introduce new own funds requirements for UCITS Management Companies and Authorised Investment...

Photo for article Central Bank Measures Target Vulnerabilities in Irish Property Funds Sector

Central Bank Measures Target Vulnerabilities in Irish Property Funds Sector

The Central Bank of Ireland issued its finalised macroprudential policy framework for Irish property funds on 24 November 2022.  In its...

Photo for article Central Bank of Ireland Fines UCITS Management Company €117,600 for Breach of Disclosure Requirements

Central Bank of Ireland Fines UCITS Management Company €117,600 for Breach of Disclosure Requirements

On 14 November 2022, the Central Bank of Ireland issued a press release noting that it had reprimanded and fined Mercer Global...

Photo for article Deadline for SFDR Disclosure Fast Track Filing Looms

Deadline for SFDR Disclosure Fast Track Filing Looms

The Central Bank has provided updated Guidance on the SFDR Level 2 Pre-Contractual Fast-Track Filing Process for UCITS and AIFs.  ...

Photo for article A Welcome Development for Life Settlement QIAIFs

A Welcome Development for Life Settlement QIAIFs

In a welcome move, the Central Bank of Ireland (“CBI”) has simplified the authorisation requirements for Qualifying Investor...

Photo for article ESMA Q&As:  Updates on Frequency of Depositary Reconciliations and Marketing Responsibility for AIFs and UCITS

ESMA Q&As:  Updates on Frequency of Depositary Reconciliations and Marketing Responsibility for AIFs and UCITS

On 20 July 2022, the European Securities and Markets Authority (ESMA) updated its Questions and Answers on the “Application of the...

Photo for article ESG Funds perform better with lower costs – ESMA asks why?

ESG Funds perform better with lower costs – ESMA asks why?

ESMA Risk Analysis:  The drivers of the costs and performance of ESG funds The European Securities and Markets Authority ...

  • BBLS
    UCD
    1998
  • LLM
    TCD
    1999
  • Admitted as a Solicitor in Ireland
    Law Society of Ireland
    2002

By using this website you allow us to place cookies on your computer. Our cookies do not personally identify you.

Hide Notice