Thursday August 13, 2020

Ennismore accrues €14 million investment in CPL

British hedge fund holds almost 7 per cent stake in the Irish recruitment firm

Barry J Whyte

Chief Feature Writer

@whytebarry
21st June, 2020
British hedge fund holds almost 7 per cent stake in the Irish recruitment firm

A London hedge fund has built up a nearly €14 million stake in CPL, the Irish listed recruitment company.

Ennismore Fund Management, which was founded by British fund manager Geoff Oldfield and has £773 million in assets under management, has been building the stake since before February.

Since then it has pushed that stake to nearly 7 per cent, worth nearly €14 million at the current share price of €7.

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