March 7, 2023
Alternative investment management firm Millennium Management has recently announced its relocation to a new office at Central Quay in Grand Canal Dock. This move comes after the company’s first office opening in Dublin’s St Stephen’s Green in 2018. With this relocation, Millennium now has space for over 100 employees, which is more than double its current headcount, and the company is now actively recruiting finance and technology talent.
As one of the fastest-moving and complex segments of investing, alternative investment managers like Millennium seek to pursue a diverse array of investment strategies across various classes and geographies. To do so, the company employs sophisticated technology to identify new opportunities in global markets.
This move is a testament to Millennium’s ongoing commitment to building its capabilities in Dublin. According to Kevin Byrne, the company’s CFO, Dublin has become an increasingly important location for the company’s global operations. Byrne also notes that in a time of disruption, Millennium offers an ideal destination for talent in Ireland with an interest in finance and technology.
Simon Coveney, the Minister for Enterprise, Trade and Employment, has congratulated Millennium on the move and praised the company for its continued growth over the past five years. Coveney also sees this as a great opportunity for Ireland’s talented workforce to join a thriving company at the intersection of finance and technology.
Mary Buckley, interim CEO at IDA Ireland, also sees this move as a positive development for Ireland’s vibrant international financial services environment and technology ecosystem. She notes that multinational companies like Millennium are attracted to Ireland due to its favorable business environment and talent pool.
Overall, Millennium’s move to a new office in Dublin signals its ongoing commitment to the company’s operations in Ireland. As an important part of the ecosystem in Ireland, the Millennium team is well-positioned for continued success.