The new office will create 60 jobs for the company, which was first established in 2003 in Luxembourg.

Funds and corporate service provider Alter Domus has opened its second Irish office in Cork.

Alter Domus set up its first Irish office in Dublin in 2011, from which it provided corporate services such as in private equity, real estate and debt.

“Ireland is an attractive jurisdiction for Alter Domus to further expand,” said Laurent Vanderweyen, chief executive. “Dublin is already a popular investment structuring destination for non-European fund managers, particularly from the US, looking for an entry point into the European market.

“Alter Domus recognises the strategic importance of further building its presence in Ireland as this jurisdiction continues to attract interest from our clients in North America, the UK and beyond.”

The minister for jobs, enterprise and innovation, Mary Mitchell O’Connor, said: "This is a great win for Ireland and for Cork and adds to the existing hub of financial services companies. Ireland remains a committed member of the EU, benefiting from the many advantages that EU membership brings.”