The Luxembourg company Alter Domus is setting up an office in Vilnius and plans to create 300 jobs



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Alter Domus, an international private financial services group, plans to establish an office in Vilnius. In three years, the company plans to assemble a team of 300 employees, says agent Invest in Lithuania.

Alter Domus, established in 2003. Luxembourg, offers a range of services to organizations investing in alternative assets. mons specializes in investment property management, corporate governance, accounting, consolidation, tax and legal compliance, deposit services, and debt management.

It is announced that Alter Domus will be served by 17 of the 20 largest real estate companies in the world, 16 of the 20 largest private equity firms and 17 of the 20 largest private debt management companies.

Alter Domus has almost 3,000 employees in twenty countries. 2020 More than 800 new employees have joined the international team at Alter Domus and this year the company is seeking further organic growth driven by acquisitions.

2021 At the beginning of the year, the value of the assets managed by Alter Domus exceeded one billion euros.

To strengthen growth, Alter Domus is establishing an additional regional hub in Vilnius for the countries of Europe, the Middle East and Africa (EMEA). The center will employ around 300 professionals in a variety of fields, including asset management and maintenance professionals, personnel performing payment and cash management operations, and technology professionals.

Our regional hub in Vilnius will be crucial in contributing to the company’s movement’s ambitious growth trajectory, says Sandra Legrand, Alter Domus European Regional Director. We hope to attract a talented specialist by offering them an attractive career in a growing international organization. We also look forward to further cooperation with Invest in Lithuania agent, which has become an invaluable partner in choosing local development.

Alter Domus also plans to establish strategic partnerships with universities and public institutions, offer internships and other opportunities for graduates to develop and improve their skills and qualifications.

There are many strong and capable specialists in Vilnius who can help the company grow. I mean both highly qualified specialists and highly talented graduates. Vilnius’ business environment and infrastructure enables the company to focus on customer needs and provide exceptional service. Alter Domus is ready to attract talented professionals, offering them an outstanding career and opportunities to improve in a modern and advanced learning environment, says Heather Crowley-Kerr, director of European operations.

Invest in Lithuania estimates that there are more than 85 investment companies operating in Vilnius, operating Global Business Services (GBS) centers with more than 20,000 employees.

Lithuania’s GBS sector has grown steadily in recent years, both in terms of the number and complexity of the functions performed.

I look forward to congratulating Alter Domus for establishing their branch in Lithuania and joining our vibrant financial services community. The Ministry of Economy and Innovation is pleased that ongoing efforts to increase competitiveness and ensure a specialized base of skills and competencies are gaining attention and attracting leading and innovative companies such as Alter Domus. I hope that Alter Domus will become a long-term member of the Lithuanian financial services sector and that it will inspire other Luxembourg companies to choose Lithuania to represent their activities in Northern Europe, says Aurin Armonait, Minister of Economy and Innovation.

The financial sector is the world’s largest employer of business services in the country. Well-educated talents, experienced finance and accounting specialists, and talented graduates allow Lithuania to establish itself as a great place for financial services companies to establish reliable and results-oriented representative offices and offices. I have no doubt that Alter Domus will believe that Lithuania is a great platform not only for growth, but also for new products and solutions, adds Mantas Katinas, CEO of Invest in Lithuania.

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