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Walkers develops Dublin office

Walkers develops Dublin office

Walkers, the legal and management services provider, says it will be creating a significant number of jobs in Ireland as the firm further expands its Dublin office which opened in October. Approximately 25 new positions will be created by the end of 2010, rising to around 50 new jobs by the end of 2011. “We are committed to developing a strong presence in Dublin with experienced top tier Irish lawyers and professionals, providing them with … Read more »

In : Alternative Investments, Job & Careers

RHJ International buys KBC Asset Management Dublin

RHJ International buys KBC Asset Management Dublin

RHJ International has agreed with KBC Asset Management to buy KBC Asset Management Dublin for a total upfront cash consideration of EUR23.7m, subject to closing adjustments. The seller will also receive 50 per cent, with a maximum of EUR3.5m, of a potential future capital reduction at KBC Asset Management Dublin. KBC Asset Management Dublin is an asset management firm which manages approximately EUR4bn of discretionary assets for institutional clients. It offers equity products in three … Read more »

In : Alternative Investments

Dechert opens office in Dublin

Dechert opens office in Dublin

Dechert plans to open an office in Dublin, making it one of a handful of international law firms to establish a presence in Ireland and the first major onshore transatlantic funds practice to do so in Dublin. The office will concentrate on advising investment funds, their investment managers and other fund service providers.Ireland has become a major centre for investment funds because of favourable tax treatment, regulatory structures, expertise of local service providers and appeal to … Read more »

In : Alternative Investments, Job & Careers

Swiss investment firm buys Mercury Wealth Management

Swiss investment firm buys Mercury Wealth Management

Swiss investment firm Helvetia Wealth has expanded its Irish presence with the acquisition of Dublin-based Mercury Wealth Management. Mercury specialises in capital-secure investments; its 2,000 customers include private individuals, companies, pension funds, credit unions and charities. Helvetia said the deal would add 70 million Swiss francs (€50 million) to its assets under management. Mercury was founded in 2004 by Gareth Fahey, who worked previously with Liberty Asset Management and Standard Life Investments. Mr Fahey is … Read more »

In : Alternative Investments, Job & Careers

Skandia presents investment grade corporate bond fund

Skandia Investment Group is launching an investment grade corporate bond fund to augment its Dublin-based range of single manager funds. The fund intends to take advantage of the opportunities created by historically wide investment grade spreads. … Read more »

In : Alternative Investments, Family Office and Wealth Management, Hedge Funds, Private Equity