Marcum has expanded its hedge fund servicing operations in Europe with the launch of Marcum RBK (Ireland) in Dublin – a joint venture with Russell Brennan Keane (RBK), an independent accounting and business advisory firm in Ireland.
The new venture was established as a service centre for current and future hedge fund and private equity fund clients of the Marcum Alternative Investment Group.
Beth M Wiener (pictured), partner-in-charge of Marcum’s Alternative Investment Group, says: “Marcum RBK (Ireland) is perfectly positioned to assist both mature funds and managers needing to navigate the process of establishing a new fund in Ireland, including optimising the fund’s structure. We can now provide localised expertise in Ireland to our hedge fund and private equity fund clients to assist them in creating new business opportunities in the investment-friendly Irish market.”
The three leading fund domiciles globally are the US, Grand Cayman and Ireland. Marcum RBK (Ireland) completes the firm’s service coverage in each of these areas.
“Marcum’s new presence in Ireland, our first in Europe, reflects the firm’s commitment to continually expand our service capabilities and geographic footprint to meet our clients’ needs. RBK’s long history as Ireland’s leading independent accounting firm makes them an ideal partner for Marcum in this venture,” says Jeffrey M Weiner, Marcum’s managing partner.
“Ireland has demonstrated a commitment to creating a compelling business environment for funds in Europe. It has become a global financial centre due to its competitive tax structure as well as the new opportunities created by Brexit, which is enabling Ireland to step up as a key gateway to the European market,” Wiener says.
