Funds administration firm secures 50th employee

Photography: Harrison Photography

Pictured is, Ian Kelly, Group Head of Client Delivery, Alastair Hamilton, CEO, Invest NI, Chris Brownlee, Augentius 50th employee in their new Belfast operation, and Barry Carroll, Group Chief Executive.

Invest Northern Ireland Chief Executive Alastair Hamilton has congratulated Augentius Fund Administration on exceeding growth targets by recruiting its 50th employee in their new Belfast operation.

Established in 2003 with offices in London and Guernsey, Augentius provides outsourced fund accounting and administration services to global investment funds, specialising in the private equity and real estate sectors. It has expanded rapidly in recent years with new offices in New York, Singapore, Luxembourg and Mauritius.  In 2012, plans were announced to create 164 jobs in Belfast over a 5 year period, with support from Invest NI.

Visiting the company premises in Belfast, Alastair Hamilton said: “Last year, news that Belfast had become the latest global location to be chosen by Augentius was welcomed as an endorsement of the local talent and a demonstration of confidence in our growing financial services sector.

“In less than a year, Augentius has recruited almost a third of its workforce and due to continued growth in key markets, is continuing to actively recruit for junior and part qualified accountants. It is a strong endorsement of the skills base and academic infrastructure in Northern Ireland which I hope encourages other financial services firms to look more closely at this region as an investment location.”

Barry Carroll, Group Chief Executive said: “Opening our office in Belfast has been a great success. Our business as whole continues to grow and we increased our Group headcount by 28 per cent in the last 12 months – much of it in Belfast. Augentius continues to grow globally and our Belfast office has quickly become a very important office in the Group.”

Ian Kelly, Group Head of Client Delivery added: “We have recruited a great team in Belfast. We have a team of young, keen and enthusiastic people who are making a very major contribution to the Group and the services we provide to our clients. This in turn is enhancing the name and reputation of our business across the globe and creating even more opportunities. We definitely made the right decision to come to Belfast.”