Finance Ireland raises €25m, looks to commercial mortgages
Company run by veteran banker Billy Kane closed the capital raising last week
Finance Ireland has raised €25 million in funding from private equity giant Pimco as it looks to break into the commercial mortgage market.
The company, run by veteran banker Billy Kane, closed the capital raising last week. It has now written to shareholders calling a meeting just before Christmas to approve the deal.
In the letter, the company says the finding from the $5.5 billion Pimco Bravo Fund will significantly bolster Finance Ireland’s ...
