INDOS Financial Limited is expanding its UK operations with the opening of a new operations centre in Fareham.

Headquartered in London since launch in 2012, INDOS offers an independent alternative investment fund depositary and oversight service provider, servicing over 115 funds across 75 clients.

The business now employs 30 staff across three offices in London, County Wexford in Ireland and Fareham.

The Fareham office, led by Emily Mackay, will be an operational hub for the business, performing depositary oversight over private equity and real estate funds.

INDOS is seeking to emulate the success of its Irish operational hub, which focuses on hedge fund oversight, in a regional location. Fareham was selected due to the availability of a skilled workforce and good transport links to London and the Channel Islands, where many clients and firms with whom INDOS interacts are located.

Speaking during a visit to the company’s new Fareham offices, INDOS founder and CEO Bill Prew said: “We are delighted to set up the new office in Fareham. We have already attracted an excellent team of fivge staff and expect to double that number in the next 12 months.”