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NEWS BRIEFS



IRELAND has ranked top in a survey of European countries with the most favourable tax and legal rules for private equity firms. The survey, compiled by KPMG and the European Private Equity and Venture Capital Association, said Ireland came out on top of 29 countries after an assessment of a number of factors such as the tax and legal environment for limited partners (investors) and fund managers; the environment for investee companies; and the environment for retaining talent in investee companies and management funds. Ireland was ranked number three in 2004, and this year beat the UK, which is ranked third and France which is ranked second.




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