Luxembourg fund and corporate services provider for a wide range of private and international firms and clients, Alter Domus, has just opened its second office in Ireland creating 60 new jobs within the burgeoning financial sector there.
Located in Ireland’s second city, Cork, the office adds to Alter Domus’ existing presence with an office in Dublin and the 2014 acquisition of O'Donovan Stewart Corporate Services. The team in Dublin was set up to provide the full suite of corporate services with strong activity in aircraft leasing, private equity, real estate and debt.
Laurent Vanderweyen, Alter Domus CEO, noted Ireland’s growing strategic appeal.
“Dublin [is] already a popular investment structuring destination for non-European fund managers, particularly from the US, looking for an entry point into the European market,” he said.
“Alter Domus recognises the strategic importance of further building its presence in Ireland as this jurisdiction continues to attract interest from our clients in North America, the United Kingdom and beyond.”
Speaking at the launch event in Dublin, Minister for Jobs, Enterprise and Innovation Mary Mitchell O’Connor welcomed the move as a reflection of Ireland’s ongoing commitment to the EU.
"This is a great win for Ireland and for Cork and adds to the existing hub of financial services companies. Ireland remains a committed member of the EU, benefitting from the many advantages that EU membership brings, including bilateral trade agreements with third countries providing market access opportunities and a common predictable legal and regulatory framework,” he said.
“I'm confident that you will have no difficulty sourcing the skills you require for your International Centre of Excellence and I look forward to watching you grow in the coming years."