Marcum, a US-based accounting and advisory services firm, has expanded to Europe by opening its first hedge and private equity fund service centre in Dublin, Ireland.
The company partnered with local accounting and business advisory firm Russell Brennan Keane (RBK) to launch a joint venture, known as Marcum RBK (Ireland).
The new entity, according to Marcum, will act as a service center for current and future hedge fund and private equity fund clients of the Marcum Alternative Investment Group.
Beth Wiener, partner-in-charge of Marcum's Alternative Investment Group, said, "Marcum RBK (Ireland) is perfectly positioned to assist both mature funds and managers needing to navigate the process of establishing a new fund in Ireland, including optimizing the fund's structure.
“We can now provide localized expertise in Ireland to our hedge fund and private equity fund clients to assist them in creating new business opportunities in the investment-friendly Irish market."
Marcum managing partner Jeffrey Weiner said: "Marcum's new presence in Ireland, our first in Europe, reflects the firm's commitment to continually expand our service capabilities and geographic footprint to meet our clients' needs. RBK's long history as Ireland's leading independent accounting firm makes them an ideal partner for Marcum in this venture."