Walter Hobbs

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Walter Hobbs was hired last May to “develop and lead all EI’s investment and finance strategy and activities”.

Walter Hobbs, one of the most senior executives at Enterprise Ireland (EI) who headed up its investment arm, has quit the State agency after less than(...)

Minister for Jobs Mary Mitchell O’Connor; ACT Venture Capital’s managing partner John Flynn; AIB’s Ray Fitzpatrick; and Enterprise Ireland’s Donnchadh Cullinan. Photograph: Iain White/Fennell Photography.

ACT Venture Capital has set up a new seed fund, the AIB Start-up Accelerator Fund 2, which plans to invest up to €1 million in 25 new companies over t(...)

The fund launched by Seroba Life Sciences will typically place up to €10 million with each business it chooses to back. Photograph: iStock

Venture capitalist Seroba Life Sciences is eyeing several candidates for investment from the €100 million fund it has just launched. The firm said (...)

Former chairman of the Irish Bank Resolution Corporation (IBRC) Alan Dukes said the head of asset management at the bank played no part in the decision-making process around the sale of Siteserv.

The former chairman of the Irish Bank Resolution Corporation (IBRC) Alan Dukes has said the head of asset management at the bank played no part in the(...)

Catherine Murphy outside the Dail last month. File photograph: Alan Betson / The Irish Times

In April, Independent TD Catherine Murphy called on the Government to order a full independent inquiry into a number of IBRC transactions, including t(...)

 Former chief executive of the Irish Bank Resolution Corporation (IBRC) Mike Aynsley. Photograph: Brenda Fitzsimons

The former chief executive of the Irish Bank Resolution Corporation (IBRC) has rejected suggestions the bank was too close to billionaire businessman(...)

Former IBRC chairman Alan Dukes at the  press conference he organised to discuss the sale of Siteserv. Photograph: Nick Bradshaw

Two former senior directors at the Irish Bank Resolution Corporation, Alan Dukes and Mike Aynsley, who were criticised by Department of Finance offic(...)

Anti-water meter protesters stop work by employees of GMC Sierra, a subsidiary of the Denis O’Brien-owned Siteserv, last April. Photograph: Colin Keegan, Collins

The speed at which events surrounding the Siteserv furore moved between Tuesday and yesterday was dictated by the severity of the political pressure a(...)

Denis O’Brien, whose company Millington was the successful bidder in the sale of Siteserv in 2012. There were eight bids lodged for the company early in that year. Photograph: Dara Mac Donaill

Financier Walter Hobbs, appointed by the Irish Bank Resolution Corporation to represent it in the Siteserv sale, has defended his role in the process.(...)