Three hundred jobs are to be created by a leading finance house, it has been revealed.
HedgeServ, a top ranked global hedge fund administrator, is expanding its offices on Dublin's St Stephen's Green.
Richard Bruton, Minister for Jobs, Enterprise and Innovation, said it was an excellent vote of confidence in Ireland's strengths.
"Jobs are at the very top of this Government's agenda, and I am determined to do everything possible to achieve the job creation we so badly need. This means setting highly ambitious targets and undertaking radical change in order to achieve them," he said.
"It also means targeting sectors where Ireland has advantages, including international financial services."
Mr Bruton said he was determined to get two million people back to work in Ireland using a series of radical measures.
The company has already hired 150 staff in the last year and employs 230 people in its St Stephen's Green offices.
Jim Kelly, chairman and co-founder of HedgeServ, said the business in Dublin has exceeded all expectations.
"Our fast-paced development in Dublin reflects our commitment to answering the global demand for HedgeServ's innovative, high-quality fund administration services," he said.
HedgeServ services more than 130 billion dollars of client assets and has more than 425 employees in offices in Dublin, London, New York, Chicago, and Grand Cayman.