PFPC International Ltd has opened its new headquarters at Sir John Rogerson Quay on the Grand Canal Dock in Dublin and is preparing to open another office in nearby Navan.
PFPC International, a subsidiary of PFPC Worldwide Inc, provides transfer agency and fund administrative services to offshore funds and alternative investments. More than 285 employees have relocated to the new Dublin office featuring an estimated 45,000 square feet in the Riverside Two building.
The new PFPC facility incorporates some of the latest technology and 'green' building practices to create an eco- and employee-friendly building. The building, situated right next to the scenic river Liffey, does not use energy-driven heating systems or air conditioning units, but instead employs an advanced natural atmospheric system. The office is also brightened by natural light, minimizing the need for electric light during daylight hours, with windows encompassing the entire building.
'PFPC International has been in Dublin since 1993 and the company has grown dramatically. That growth continues today,' said Mark Mannion, managing director, PFPC International Ltd. 'We now have more than 550 employees in total and we have not only relocated our headquarters to a state-of-the-art facility, but we will also soon open another new office in nearby Navan.' Mannion said the Navan office at Balmoral Business Park is expected to open in mid-October and will offer employees the option of avoiding the significant commuting time into Dublin where most financial concerns are located.
'The commencement of PFPC's operations in Navan will be widely welcomed by Meath County Council, the Navan business community and by the many commuters who will now have an opportunity to work closer to their homes' said Frank Fitzmaurice of Meath County Council. 'PFPC has shown real commitment to Navan and we have been pleased to work closely with them to select the most appropriate facility for their new operation. Navan is now emerging as one of Ireland's leading regional financial services centres thanks to our large skilled labour pool, proximity to Dublin Airport and our investment in broadband and transport infrastructure. PFPC's eagerly awaited entrée into the Navan business community is another welcome boost to the economy and will provide long-term benefits to the region.'
PFPC International currently provides accounting and administration to 117 fund companies representing USD 85 billion in assets under management service. In addition to its Dublin and Navan sites, PFPC International has offices in County Wexford, Ireland and Luxembourg.