Global financial services provider Apex Group is to expand its presence in Ireland, with the opening of a new Limerick office and creation of new jobs.
The company's expansion plan is supported by IDA Ireland.
Apex Group's new Limerick office builds on its existing presence in Ireland across offices in Dublin, Cork, Maynooth and Sligo. It has an Irish workforce of about 500.
The group currently operates in Limerick via management company sub-brand FundRock, which has increased in size from 10 people in 2019 to nearly 100 people this year.
With space for up to 200 people at its new premises, Apex Group plans to create more jobs in Limerick and is looking for professionals with experience in fund administration, accounting and corporate services industries.
Bryan Atkinson, Ireland Country Head at Apex Group, said the company was excited to expand its footprint in Ireland with the opening of a new Limerick office.
"With its thriving business ecosystem, and established financial services community, Limerick offers an abundant pool of talented and highly skilled professionals to help drive our local growth plans," he added.
Minister for Enterprise Trade & Employment Simon Coveney said the launch of Apex Group's new Limerick hub is further evidence of Ireland's growing reputation as a sought-after home for international financial services providers.
"With multiple offices across Ireland, Apex Group clearly understands that local hubs offer attractive, proximate employment opportunities, and this approach will undoubtedly attract talented professionals to join their team," Mr Coveney added.
Michael Lohan, the chief executive of IDA Ireland, said the company's commitment to growth in Ireland is excellent news for Limerick and complements the Midwest's strong IFS cluster.
"IDA Ireland remains committed to winning investment and jobs for every region in the country. Supporting and facilitating our global clients establish and expand in Ireland is central to IDA Ireland’s strategy," he added.
