On Thursday 26 February 2026, ONE group solutions (ONE), a provider of fund governance solutions with operations in Luxembourg, Ireland and the United Kingdom, announced the opening of its new European operations hub in Porto, Portugal.
ONE said this expansion marked "a key milestone" in its international growth. The Porto office commenced operations earlier last year and is designed to play a central role in the company's operations.
This move is part of ONE's broader effort to invest in regions that offer strong business infrastructure, international connectivity and an attractive professional talent pool, the company said, adding: "The Porto office offers a high-impact, career-forward environment, directly embedded in the organisation's global business, where employees contribute to core operations rather than peripheral support functions."
The Porto office will be led by Rodolfo Névoa, who ONE said brings extensive experience in the finance industry, including strong expertise in the Luxembourg and Irish third-party management company landscape. He has a solid background in financial and operational management and previously worked as auditor at PwC and Deloitte. He has been involved with the ONE group since its early development in 2019.
"Our Porto hub is designed to be more than a workplace - it's a launchpad for finance careers, technology development and innovation, focused on best practices and continuous improvement to support the group's scalability ambitions," said Rodolfo. "Day to day, I am focused on building high-performing teams, embedding best-in-class processes and creating opportunities for local talent to develop deep expertise and meaningful careers in the investment funds' industry. We are proud to have already integrated close to 40 professionals into our team, growing it to a team of 70 talented people in 2026."
Madalena Oliveira e Silva, Chair and CEO of AICEP - Portugal Trade & Invest, welcomed the investment, saying: "ONE group solutions' decision to establish a European operations hub in Porto highlights Portugal's growing appeal for high-value financial services projects".
Sean O'Driscoll, Group Operations Lead, ONE group solutions, added that the expansion "signifies that we are on the right path and sets the stage for exciting times ahead". He continued: "The Porto office represents a key pillar in our global strategy. By embedding high-impact roles outside our headquarters, we are not only expanding our operational footprint but also cultivating the next generation of financial leaders."
Established in 2019, ONE currently has a team of more than 150 professionals serving 200 leading and boutique asset managers worldwide, with operations in Luxembourg, Ireland and the United Kingdom, as well as representative offices in the Americas, Switzerland and Asia.
