Investments
Meet Gerry O'Reilly — the Irish Olympian who now invests up to $3bn dollars a day
In 1988, he was running for Ireland in the 1,500 metres at the Seoul Olympics. Today, the man from Dunboyne in Co Meath manages the world’s largest total stock market fund for US-based Vanguard
Dataships aims to raise $15 million in Series A funding
Dublin-based start-up aims to add 20 staff following seed round
AI firm Altada to raise $50m-plus on back of successful seed round
The Cork-based business aims to create 100 jobs and open offices in the US, Singapore and India with initial $11.5 million investment
Norges Bank takes 3 per cent stake in Dalata as hotel group bounces back
The hotel group had a recent share price slump but is now benefiting from loosening of pandemic restrictions
Four houses for sale as one lot in Drimnagh with rental income
The properties are all currently let and projected income for the full year is €120,160
Drinks industry veteran’s whiskey bonder raises €2.1m in funding
Chapel Gate Whiskey, founded by Louise McGuane, plans to use the funding boost to get ‘boots on the ground’ in US market
Mobile firm Ding ‘looking at expansion and acceleration’ with €300m investment
Pollen Street Capital acquired a majority stake in the Dublin business, which will use the money to create 50 jobs and expand further internationally
Report shows renewed investor focus on green assets
Hooke & MacDonald’s mid-year review also showed over half of residential spend in Dublin was on the private rented sector
Journey Protector aims to raise €1.5m for British expansion
The Dublin-based firm creates tech to combat human trafficking and cargo theft, through the use of sensors
BlackRock’s Irish renewables arm doubles assets to nearly €10bn
The firm has been folded into a larger Irish subsidiary of BlackRock, the world’s largest asset management company
Norges Bank sells €96mn of Smurfit Kappa shares
The Norwegian central bank has reduced its stake in the company from 7% to 4.7%, following what chief executive Tony Smurfit described as ‘the most challenging year in recent memory’
State may remove €2m Reit investment as option under cash-for-visas scheme
Inclusion of property funds as part of evaluation of Immigrant Investor Programme aimed at wealthy non-EU citizens is under review
Russian investors were repaid millions just before Dolphin Trust collapse
German court hears how the bust property group compensated Russians while 1,800 Irish investors could lose €107 million
Two big to fail: will the sale of Davy undermine Irish banking?
Davy Stockbrokers is likely to be bought by Irish Life or Bank of Ireland, and with AIB buying Goodbody, it will create two banking behemoths, raising a number of questions as to what that will mean for the market here
Ian Guider: State should follow Intel example and invest properly in the future
Right now, the state can fund itself at very low cost. That won’t last for ever, and we must take advantage of it while we can
German police search home of Dolphin Trust founder
Prosecutors seize servers, data and files from offices linked to Charles Smethurst’s collapsed property fund in which 1,800 Irish people invested
‘Distressed’ sale of assets related to Dolphin Trust took place in 2017
Private equity firm Vordere acquired properties from now-bankrupt Dolphin two years before Irish investors alerted to problems with investments worth €107m
Wind-up order is granted in Dolphin Trust case
More than 1,800 Irish investors put a combined €107 million into the German property group described by its liquidator as a pyramid scheme
Irish funds industry hits record high of $4.2 trillion, new data shows
Figures compiled by Monterey Insight, an independent fund research company, show the value of Irish-domiciled funds grew by 10.4 per cent to a market size of just over $3.3 trillion.
The gender investment gap: why do women fall behind on money matters?
Many women feel locked out of the investment game due to stereotyping and historical factors. Could that be about to change?
