Alter Domus has officially opened their new offices in Cork which will lead to the creation of 80 new jobs.
The Company has invested in a new workspace at Cork Airport Business Park allowing the business to continue to scale.
The firm, is a leading player in the alternative investment industry, and their new European Centre of Excellence facilitates a hybrid work model.
Tánaiste & Minister for Enterprise Trade & Employment, Leo Varadkar, said: "Congratulations to Alter Domus. I'm really happy the company has chosen Cork for its new European Centre of Excellence, it's a credit to the current team, who have been in Ireland for over a decade and have already seen a significant expansion in recent years. This latest decision will create 80 new jobs and I'm sure they will have no problem filling them, drawing from the rich talent pool in the area. Alter Domus is a leading player in the alternative investment industry and a real asset to the financial services industry in Ireland. I wish the team many years of success in their new home."
From Cork, Alter Domus operates a European hub for global debt and capital markets, private equity, real estate and infrastructure investors and managers supporting over €1.3 trillion in assets under administration globally. With offices in Cork and Dublin, Alter Domus has already invested significantly in its Irish operations, having increased its headcount in Ireland to over 260 people.
James McEvoy, Country Executive Ireland at Alter Domus said: "This year we completed our full service offering in Ireland with the launch of depositary and AIFM services alongside fund administration and corporate services. Ireland has massive growth potential in the alternatives space and we are delighted to be so well positioned in the market today to support this growth."
Alter Domus continues to recruit in Cork with openings in accounting, structured credit, fund management, depositary, compliance, technology and automation. To explore opportunities, visit https://jobs.alterdomus.com.
Alter Domus will also continue to invest in its partnerships with third level institutions locally with the doubling of its graduate and internship programmes as a key source of top talent of the future.
Global Head of International Financial Services at IDA Ireland, Kieran Donoghue, said: "Since establishing in 2011 Alter Domus has significantly expanded its presence in Dublin and Cork. The establishment of its European Centre of Excellence here in Cork and the creation of a further 80 jobs demonstrate the company's commitment to the South West and its confidence in the highly skilled and talented workforce available in the region. I wish Alter Domus every success with this expansion."
