Grant Thornton enlisted on Ashbourne portfolio

The healthcare division of Grant Thornton UK has been drafted in as the asset manager on the Ashbourne portfolio – a legacy Southern Cross Healthcare portfolio originally owned by entities connected to London & Regional – in a bid to improve the performance of the UK-mainland business and also prepare for the sale of the portfolio, potentially as a single business or as a series of sub-portfolio sales in a bid to maximise the recovery for noteholders in two securitisations.