In April 2023, Ireland’s Department of Finance (Department) launched a broad review of the Irish funds sector. The purpose of the review was to ensure Ireland maintains its leading position in asset management and fund servicing while continuing to support the national and regional economies. The Department recently issued its final report, Funds Sector 2030 (Report), which discusses the current state of the sector and its trajectory. It was prepared by a review team composed of staff from the Department and the Central Bank of Ireland. This article discusses the Report provisions most relevant to private fund managers, with commentary from attorneys Carol Widger and David Layden from Dechert’s Dublin office, and partners Gayle Bowen and Hazel Doyle of K&L Gates’ Dublin office. See “Ireland’s Department of Finance Consults on Framework for Funds Sector” (Aug. 31, 2023).