Irish financial services firm employs 7 people, makes €9.2m profit

If you're wondering where the money is to be made in Irish financial services, you might want to look at venture capital firm TVC Holdings.

TVC posted preliminary results for the year ending March 31st this week, revealing that it made a return of €10.7m on the value of its portfolio, which increased 32% over the year. TVC's profit was an impressive €9.2m.

TVC invests in numerous quoted and unquoted media and technology companies.

It doesn't specify precisely how many people it employs, but lists five senior executives on its site and apparently employs 7 people in total.  If so, that amounts to an impressive €1.3m in profit per head.

Given its limited employee-count, the chances of getting a job at TVC appear slim. However, for anyone aspiring to work in Irish venture capital, it's worth noting the background of TVC's executives: they include two accountants, a former management consultant, an economics graduate, and a Columbia MBA.