Designated Persons

Designate Persons (DP) is a term used in the Irish Funds industry. DP’s are responsible for the activities carried out with respect to their managerial functions in the management company. As many tasks associated with managerial functions are outsourced by the fund management company (e.g. to the Investment Manager, Global Distributor or Fund Administrator etc.), the role of the DP, in such cases, is one of monitoring and oversight.

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