Fund administrator Hedgeserv has increased its workforce by 150 people over the last 12 months in Ireland and has plans to hire 300 more, the firm has revealed.
That would bring its workforce in Ireland to well over 500 people, making it by far the biggest market for the firm, which currently employs about 425 people worldwide with offices in Dublin, London, New York, Chicago, and Grand Cayman. The administrator says it has more than $130 billion in assets under administration.
HedgeServ was top rated in Ireland in Global Custodians latest Hedge Fund Administration Survey.
“Todays announcement by HedgeServ, a world-leading hedge fund administrator, that it is expanding its operations in Ireland with the creation of 300 new jobs is great news for Ireland and an excellent vote of confidence in our strengths, says Richard Bruton TD, Irelands minister for Jobs, Enterprise and Innovation.
Jim Kelly, chairman and co-founder of HedgeServ, adds: Our fast-paced development in Dublin reflects our commitment to answering the global demand for HedgeServs innovative, high-quality fund administration services.
(CG)