Tuesday March 31, 2020

Vulture funds set for post-election blitz on business

Poll: FG rises as Sinn Féin slumps; Business backs FG despite concerns

21st February, 2016
TDs call time on vulture funds

A number of so-called vulture funds are preparing to pull the trigger on hundreds of business foreclosures and property receiverships in the aftermath of the election.

The private equity giants, who have spent tens of billions of euro acquiring distressed Irish loan books, have secretly briefed insolvency practitioners to be ready for a blitz over the coming months.

The funds are deliberately waiting until after the election to make their moves against Irish businesses, in...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Related Stories

Large public capital projects could be run through an “independent panel of international experts” as part of public spending reforms, according to the Department of Public Expenditure

Daniel Murray | 4 months ago

The contract covers the supply of office stationery to a range of government bodies and agencies, including the HSE, universities, hospitals, councils and schools

Michael Brennan | 4 months ago

Party would launch the ‘largest public house building programme that Ireland has ever seen’ and a national health service

Aiden Corkery | 4 months ago