As part of its growth and business expansion, Centaur Fund Services is expanding its Irish operations, creating at least thirty jobs within the next two years at a new service centre. This new location expands the firm’s global presence to an eighth location and will provide client services to both Europe and the United States. The new space is ideally located in Maynooth, Co. Kildare, a vibrant expanding town, with access to the National University of Ireland, Maynooth and a stone’s throw away from the Company’s head office in Dublin City.
Centaur delivers independent fund administration and regulatory services to Hedge Funds, Fund of Hedge Funds, Private Equity and Real Estate Funds, and Insurance-Linked Securities Funds. The firm has demonstrated significant growth every year since its inception in 2009, while retaining 100% of their clients.
The jobs are supported by the Department of Business, Enterprise and Innovation through Enterprise Ireland.
Minister for Business, Enterprise and Innovation, Heather Humphreys TD, said: “I am delighted with today’s announcement that Centaur is investing in a major expansion in Maynooth. The Government is committed to supporting the creation of sustainable and highly-skilled jobs across all regions and with our support, through Enterprise Ireland, Centaur has embarked on a new wave of expansion that will come as a considerable boost to Maynooth. Central to Centaur’s success is its continued investment in Ireland, which has given the firm experienced personnel, operational excellence and the best client service in the industry. Centaur is a great example of a successful Irish firm that has become a global leader in its space.”
Enda McDonnell, Manager of Fintech, Enterprise Ireland, said “Enterprise Ireland supports innovative Irish companies with global ambition to scale to international markets and win business overseas, and Centaur is a great example of this. It is fast becoming a leading company in fund services and Enterprise Ireland looks forward to continue to support the firm as it continues on its growth trajectory; expanding its reach further into global markets and strengthening its customer base.”
Karen Malone, Founding Partner of Centaur Fund Services said, “We are very excited about opening a second office in Ireland. Over the past year, we have opened new offices in the United States, the Cayman Islands and Luxembourg. We are delighted to continue this momentum and expand in our home territory. We moved our headquarters to Dublin's International Financial Services Centre in 2015 to accommodate staff growth and the Maynooth office will also facilitate this growth as our client base develops.”
Minister of State for Financial Services, Michael D’Arcy TD, said: “The decision by Centaur to locate 30 new jobs at a new office in Maynooth is extremely positive news for the town. Maynooth has undergone considerable growth in recent years with an influx of impressive businesses establishing a presence, particularly in the area of financial services. Broadening the distribution of financial services investment across the country is a key priority for me under the Government’s IFS2020 strategy. I commend Centaur and wish them well with this new endeavor.”
President of Maynooth University, Professor Philip Nolan, said: “Maynooth University is very pleased at the decision of Centaur Fund Services to locate in Maynooth. It means the University can deepen its engagement with this innovative company, it establishes a cluster of financial services firms, and it shows how attractive our university town is as a location for knowledge-intensive enterprise.”
The new Centaur location is at Block B, Maynooth Business Campus. Co. Kildare