Hedge fund activity to grow in Ireland

Ireland services about 40 per cent of the world’s hedge funds and alternatives

PWC head office in Dublin Picture: Ferghal Ward

Hedge fund activity in Ireland will grow in the next couple of years as the number of funds increases and expands into new areas including loan origination, according to PricewaterhouseCoopers.

Ireland services about 40 per cent of the world’s hedge funds and alternative asset management companies. As funds diversify away from liquid assets, such as equities, this will have a knock on effect for Ireland, according to Mike Greenstein, who heads PwC’s US ...