A specialist London investment firm, in which members of the Guinness family have taken a 25 per cent stake, is in talks with Irish institutions and wealthy individuals over a potential joint venture here.
Arundel Iveagh, which manages more than $600 million (€450 million) on behalf of Guinness investment vehicles, said last week that it expected to sign a formal deal before the end of the year.
The firm, which was originally a specialist fund-of-hedge fund manager,...
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