Central Bank approves acquisition of DGFM by IQ-EQ

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The newly combined business will offer Fund Management and Portfolio Management services, Fund Administration and Corporate Administration services from its offices in Dublin and Shannon where it employs a team of more than 130 people.

Tom Berrigan takes up the role of Managing Director of IQ-EQ's newly enlarged Ireland business.

"It also means, just as importantly, that we can service their needs anywhere in the world where they need to establish their market or fund, so from IQ-EQ Ireland perspective, we can look after them in the EU, but we can also look after them in the UK, US or Asia," he said. "It's hugely exciting for employees as it will create lots of opportunities for us," Mr Berrigan said.

Integrating the two businesses was not that big a challenge, he said."The business is highly complimentary to the existing fund administration and corporate service that IQ-EQ already operate in Ireland, so if you think about it as a menu of services, our business simply adds a further dimension to that current offering."

 

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