It’s two for the money with Lone Star’s €5bn in Irish assets
Texas-based Lone Star is taking a twin-track approach to maximising returns from the extensive commercial and residential loan portfolios it acquired, writes Donal Buckley
Lone Star, the Texas-based group founded by billionaire financier John Grayken, appears to be adopting a twin-track approach to achieving returns from the €5 billion it is understood to have invested in Irish assets in the past four years across ten transactions.
One report suggests that the loans acquired from Nama and Irish-based financial institutions may at one stage have had a face value of €13 billion. But Lone Star’s investments are not confined purely...
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