It was announced this week that Alter Domus has announced the creation of 100 new jobs at its European Centre of Excellence in Cork.
The global provider of integrated solutions for the alternative investment industry is investing in a new workplace for the future at Cork Airport Business Park allowing the business to continue to scale. Alter Domus will also continue to invest in its partnerships with third level institutions locally. This will include the enhancement of both graduate and internship programmes. Annual intake for each of these programmes is expected to double this year.
From Cork, Alter Domus operates a European hub for global private debt, private equity, real estate and infrastructure investors and managers supporting over €1 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 from 100 to 180 people in 2020.
Welcoming the news, Taoiseach Micheál Martin said, "The creation of 100 new highly-skilled jobs at the Alter Domus European Centre of Excellence in Cork shows the rich pool of talent we have in this country. The company’s 10-year commitment to Ireland as a leading player in the alternative investment industry has been an important part in that success story."
Country Executive Ireland at Alter Domus, James McEvoy added, "We are delighted to confirm our plans for further growth in Ireland. We have continued to rapidly grow the business in recent years and see a new market opening up here for investors in private assets. This industry holds over $10 trillion in assets, a growing proportion of which is invested in Europe. Ireland is going to be an increasingly important access point to these markets. Our priority is to support our clients where they need us and our focus now is to enhance our service offering to bring our specialist full-service solutions to market in support of that growth."