Announcements Maples Group Expands Operation in Dublin
20 Jun 2012
Minister for Jobs, Enterprise and Innovation Richard Bruton TD today announced that Maples and Calder, a leading international corporate and finance law firm which has created 175 jobs in Dublin over the past 5 years, has plans to create a further 75 jobs within the next three years. This is as a result of growing demand for both its international legal services and the fiduciary and fund administration services provided by its affiliate, MaplesFS. The Maples group is a client company of IDA Ireland.
The Maples group comprises Maples and Calder, an international corporate and finance law firm, and MaplesFS, an independent provider of specialised fiduciary and fund services. Clients include many of the world’s foremost corporates, banks and financial institutions as well as private equity funds and growth companies. Founded over 50 years ago, Maples and Calder has grown to become a market leading international corporate and finance firm.
In 2006, Maples established an operation in Dublin, offering a full-service legal practice advising both Irish and international clients, in addition to providing specialised fiduciary, accounting and administration services to finance vehicles and funds, through its affiliate MapleFS. The organisation now employs 175 people across the two divisions.
Making the announcement, Minister Bruton said “International financial services is a key target sector of Government as part of our plan for jobs and growth, and the Taoiseach has set the target of creating an additional 10,000 jobs in the sector by 2016. Today’s announcement that this world-leading financial and legal services provider, which only came to Ireland in 2006, is expanding its workforce with the creation of 75 jobs, is great news. The success of the Maples Group in Ireland demonstrates the potential for future growth in this sector, and through continued implementation of the Action Plan for Jobs we are determined to build on this and create the jobs we need”.
Managing Partner of Maples and Calder in Dublin, Andrew Doyle, said “We continue to expand our business in Dublin to better serve our clients here as well as international clients who are carrying on business in and through Ireland. Our growth has been driven by the calibre of the people who have joined Maples in Dublin over the course of the last five years.”
Commenting on the expansion, CEO IDA Ireland, Barry O’Leary said “The strength and depth of industries such as Aircraft Finance and Investment Funds in Ireland is a major attraction for leading corporate and financial services firms such as Maples. As the IFSC has gained critical mass as a global financial hub, international law firms, such as Maples, have been attracted to locate in Dublin both to service existing clients and to win incremental business.”
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