The battle for Blackrock Clinic
A huge British hedge fund has taken a crucial stake in the Blackrock Clinic, adding to the intrigue over its future ownership. Philip Connolly reports.
A fund controlled by British financial tycoon Chris Hohn has moved to seize control of a vital stake in the Blackrock Clinic, Ireland’s largest private hospital.
TCI, a multibillion-euro fund, had initially backed Blackrock founders Joseph Sheehan and John Flynn in buying up loans related to the hospital from Irish Bank Resolution Corporation (IBRC) earlier this year. However, in a dramatic move, it has now called in the loans in a bid to...
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