Hedge fund Abbey more than doubles its profits to €18m

18th February, 2018

Dublin-based hedge fund Abbey Capital’s profits more than doubled in the company’s last financial year, according to documents filed in the companies office.

Profits for Abbey’s parent company, Cavendish Capital, showed a 132 per cent increase in profitability, with the firm recording a profit before taxation of €18.4 million.

The firm, which has offices in Dublin’s north inner city, was established by former AIB executive Tony Gannon in 2000 as...

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