Pinsent Masons advises Sanne Group on first specialised depositary services licence in Ireland
30 Mar 2021 | 04:01 pm |
Multinational law firm Pinsent Masons has advised global fund administrator Sanne Group on the first specialised depositary licence to be granted by the Central Bank of Ireland, further enhancing Sanne’s capabilities in Ireland and its multi-jurisdictional proposition for alternative fund managers.
Sanne, a FTSE 250 company with an Irish presence since 2008, is now licenced to provide depositary services to collective investment schemes that require a streamlined, independent specialised depositary to comply with all AIFMD obligations. The new licence expands Sanne’s well-established product offering to cater for Irish domiciled closed-ended funds.
The Pinsent Masons team acting for Sanne Group was led by Head of Dublin office Gayle Bowen alongside Niamh Murray and Áine Ni Riain. Commenting on the granting of the licence, Gayle Bowen said:
"We are delighted to have worked work on such a successful project for Sanne. This new authorisation and the work we have done for the Sanne Group over the last year is particularly timely with the enacting of Ireland’s new Investment Limited Partnership (ILP) legislation, which we expect to become the vehicle of choice for real asset investors. Having this new permission, will greatly enhance their offering in this space and we believe that many others will follow suit. Our thanks to Dermot Mockler and Philip Dempsey of Sanne Group, who we enjoyed working with on this project and we look forward to continuing to support the Sanne Group in the future.”
Latest press releases
Show me all press releasesPinsent Masons advises Nichols plc on Vit Hit acquisition
Multinational law firm Pinsent Masons has advised British multinational soft drinks company Nichols plc (Nichols) on its acquisition of Vit Hit Limited (VITHIT) for €75 million.
Pinsent Masons appointed to Government legal panel for public sector
Multinational law firm Pinsent Masons has been named as a supplier on Government Commercial Agency’s (GCA) RM6374 Legal Panel for Public Sector framework, a major legal services framework expected to be a key route to market for public sector organisations across the UK over the coming years.
Pinsent Masons advises FTI Consulting on sale of CX Lavender key client business to Omnicom Oceania
Multinational law firm Pinsent Masons has advised FTI Consulting, in its capacity as administrators of the CX Lavender group, on the sale of the company's key client-related business and associated workforce to Omnicom Oceania via its subsidiary, Clemenger BBDO Pty Ltd. The transaction completed in Q2 2026.
People who viewed this press release also viewed
Show me all press releasesPinsent Masons appoints inaugural financial regulatory consulting head
Multinational law firm Pinsent Masons has hired Ian Stott to found and lead its financial regulatory consulting practice. Ian will join Vario, the legal services delivery arm of Pinsent Masons, and work with specialists across the firm to enhance existing offerings and spearhead the development of its non-legal regulatory conduct and financial crime advisory and remediation services.
Pinsent Masons elects John Maciver as Senior Partner
Multinational law firm Pinsent Masons has elected John Maciver as Senior Partner.
Pinsent Masons strengthens Luxembourg Investment Funds team with the arrival of Jennifer Burr
Multinational law firm Pinsent Masons has announced the appointment of Jennifer Burr as a Legal Director in its Investment Funds team in Luxembourg. She joins the firm with more than 15 years of experience advising fund sponsors, asset managers, financial institutions and investors on the structuring, establishment and ongoing management of Luxembourg investment funds and related investment vehicles.
For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on
Location contacts
Europe: [email protected]
Asia: [email protected]
Middle East: [email protected]
Australia: [email protected]