Cork shows excellence with 80 new jobs

A leading investment solutions company has officially opened its European centre of excellence in Cork, creating 80 new jobs.

Alter Domus announced its new 20,000 square foot facility at Cork Airport Business Park this afternoon.

The site will facilitate a hybrid work model which follows the principles of biophilic design, a concept used within the building industry to connect people with nature within their working environment.

Alter Domus has confirmed that the 80 new jobs will be filled in 2022, while the 100 positions announced by the company in January of this year are also on schedule to be filled.

Speaking at the official opening, Tánaiste and Minister for Enterprise Trade and Employment, Leo Varadkar, congratulated Alter Domus and said the company’s decision to open its European centre of excellence in Cork is a credit to its current Irish team which has been operating since 2011.

He said: “I’m really happy the company has chosen Cork for its new European centre of excellence. 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.”

From Cork, Alter Domus already 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.

Alter Domus CEO Doug Hart said: “I am delighted to reaffirm our commitment to Ireland and to Cork with the creation of a further 80 new roles. Our teams here provide huge value to our clients and we are driven to providing our staff with unlimited career opportunities.”

The company is currently recruiting in Cork with openings in accounting, structured credit, fund management, depositary, compliance, technology and automation.

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.”

To find out more about what positions are currently being recruited for at Alter Domus in Cork, visit jobs.alterdomus.com.