Cayman Islands Firm Paget-Brown Financial Services Expands Internationally with a Centre of Excellence in Northern Ireland
In February 2025, Paget-Brown Financial Services, based in the Cayman Islands, announced a £1.2 million investment to establish its first operational presence outside of its home country—creating a Centre of Excellence in Belfast. This initiative is set to generate 12 high-value jobs in financial, regulatory, and governance services, aligning with the firm’s international growth strategy.
Rapid Growth in Northern Ireland
Since its establishment in Belfast, Paget-Brown has not only accelerated its recruitment beyond initial plans but has also significantly expanded its specialist capabilities within the region.
Company Background
Founded in 1981, Paget-Brown provides a range of financial, regulatory, and governance services to corporate, fund, and trust clients across the Middle East, Europe, and North America. The firm is well-regarded for its expertise in governance, fiduciary duties, regulatory oversight, fund administration, and corporate services, operating within highly regulated international markets.
Why Northern Ireland?
In exploring options for its international expansion, Paget-Brown considered locations like London, Dublin, and the Middle East, ultimately selecting Northern Ireland due to several key advantages:
- Availability of Talent: The region boasts experienced professionals in financial and professional services.
- Competitive Environment: Northern Ireland offers a competitive operating landscape.
- Strong Employee Retention: High rates of employee retention were favorable for long-term success.
- Growing Financial Services Ecosystem: The local financial services landscape is established and expanding.
Additionally, strong Northern Irish representation in Paget-Brown’s leadership team provided valuable local insights. Ryan Cooke, a Director originally from Northern Ireland, recognized the wealth of local expertise and the opportunity to develop a high-performing team.
Access to Specialist Talent
Paget-Brown’s Northern Ireland operation delivers services across various international markets, focusing on corporate governance, regulatory compliance, fund administration, and corporate services. The region’s robust talent base and reputation as a financial services hub were pivotal in the decision to expand there.
The Belfast team has grown faster than expected, creating specialized roles and offering professionals the opportunity to work within a global business catering to clients worldwide. Led by local Director Darren Leonard, the Belfast operation has evolved into a multidisciplinary team, collaborating closely with colleagues in the Cayman Islands. As it continues to expand, the Belfast team is playing an integral role in shaping the firm’s services and strategic direction.
This investment in Northern Ireland signifies Paget-Brown’s commitment to leveraging local expertise and enhancing its global service offerings, paving the way for sustainable growth in the international financial landscape.
