TMF Group Fund Operations (Ireland) has been granted authorisation to provide fund administration and transfer agency services to alternative funds by the Central Bank of Ireland.
The licence follows the acquisition of Goodbody Fund Management in October 2023. This will allow the provider of compliance and business administration services to provide fund services support to private capital clients.
Daniel Max, head of global solutions at TMF Group, comments: “Securing this additional licence will enable us to accommodate an even broader spectrum of investment strategies for our clients.”
TMF Group’s James Coughlan, market head of British Isles and Ireland, and Kevin Doyle, head of funds for UK and Ireland, add: “Regulatory approval from the Central Bank of Ireland to provide fund administration services is a significant milestone and speaks to our strategy of aligning our range of fund solutions to the needs of our global client base.”
