The Soros-run Quantum fund has an 8.22 per cent stake in the Hibernia REIT, which was set up to invest in the Irish property market recovery. Soros, known as the "man who broke the Bank of England" for his bet against the British pound in the 1992, has invested in Irish groups before, taking stakes in Elan and Amarin as well as buying into Ardmore Shipping.
The Soros group is joined by Wall Street titan Louis Bacon's Moore capital and the vast US group CREF, which manages pensions and investments for thousands of US teachers.
Source: http://www.independent.ie/business/irish/george-soros-racks-up-stake-in-newlyfloated-hibernia-29818759.html
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