This time last year, I reported on Cabot Financial, a debt collection agency based in an unassuming Dublin suburban industrial estate off Tallaght’s Belgard road. Cabot, which is ultimately owned by the US distressed debt investment group Encore Capital, had just launched its 1,000th High Court action against Irish debtors on behalf of multiple international vulture funds and was growing its own loans portfolio.  Through its subsidiary Cabot Securitisation Europe, it was also increasingly using Ireland as a base to sweat non-performing debt assets on the continent. Now Cabot Securitisation Europe has just filed accounts to the end of 2019.…

Want to continue reading?

Join today with an Annual membership and get full access to The Currency for just €200 (68c per day) or try monthly membership for just €5 for your first month.

Subscribe

Cancel at any time.

Are you already a member? .