Centaur opens second Ireland office in Maynooth

3rd June, 2018

Centaur Group
Front Row L to R: Professor Philip Nolan (President Maynooth University) Karen Malone (Founder and CEO Centaur). Second Row L to R: John Spencer (Centaur Maynooth), Enda McDonnell (Enterprise Ireland), Colin O’Shea (Centaur Maynooth),  Elizabeth McKeever (Centaur) Noel McGrath (Centaur), Lee Smyth (Centaur Maynooth). Back Row L to R: Billy Hanley (Enterprise Ireland) and Professor Peter McNamara (Head of Maynooth University Business School)

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 endeavour.”

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 its 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

 

Interested in joining Centaur Maynooth?

Centaur is building its Maynooth base and is interested in hearing from ambitious people to join its team in servicing fund managers. For more information, please contact careers@centaurfs.com

 

About Centaur

Centaur is a leading independent fund administrator with offices in Ireland, the United States, Bermuda, Cayman, Luxembourg and the United Kingdom. Centaur delivers independent fund administration and regulatory services globally to the alternative investment fund industry, focusing on hedge funds, private equity and real estate funds, family offices and ILS funds. For more information, visit www.centaurfs.com

ENDS

For further information, please contact:

Conor O'Donovan

Head of Communications

Enterprise Ireland

Conor O'Donovan

087 967 1342

Aoife Kelly

Press Office

Enterprise Ireland

Aoife Kelly

087 390 4518