IQ-EQ, a global investor services group, has today announced plans to expand its Irish operations with the launch of a dedicated Funds business in Ireland creating 45 roles over the next five years.
The company provides a comprehensive range of compliance, administration, asset and advisory services to alternative funds, global companies, and private and institutional investors globally. This includes a 135-strong team in Northern Ireland, specialised in fund administration and depositary services, plus third-party alternative investment fund manager (AIFM) platforms in London as well as Luxembourg.
IQ-EQ has been active in Ireland for over 30 years, providing a full range of corporate administration and structured finance solutions from its offices in Dublin and Shannon. The 45 new jobs created as a result of the expansion will be based from the Shannon facility and include roles in fund accounting, transfer agency and support functions.
Welcoming the investment, Tánaiste and Minister for Enterprise, Trade and Employment Leo Varadkar said, "I’m pleased to see that IQ-EQ is expanding in Shannon by creating 45 new jobs over the next five years. IQ-EQ has been long established in Ireland and the company’s launch of a dedicated Funds business here demonstrates its continued commitment to Ireland. I wish the team all the best with their expansion plans."
IQ-EQ’s Managing Director for Ireland, Joanne McEnteggart added, "This is an important milestone not only for the Ireland team but for the Group as a whole as it takes us one step closer to achieving our strategic objective of becoming the most complete independent provider to alternative asset managers globally. We very much welcome the support of IDA Ireland in facilitating us in bringing our funds expertise, reputation for high quality service and focus on technology to the Irish funds industry."