Jack Horgan-Jones on Business

With their huge gains safely stashed away, the US vulture funds are now plotting their escape from Ireland

1st October, 2017
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Hugh Hefner strikes a typical pose at his Playboy mansion in his final years: but was he happy?

The era of the vulture fund is coming to a close; that much is clear. For a time, Ireland was the hottest investment these ‘opportunity funds’ (that’s what they like to be called - or ‘special situations funds’ - can you blame them?) could make. But the cold, hard truth is that almost everything has been sold, and now they’re looking for a way out.

They won’t...

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