Friday December 13, 2019

Who owns ireland and who wants to buy it

We expose the vulture funds who met with Michael Noonan to discuss buying into Ireland. Plus: new documents reveal the landlords earning millions from leasing property to the state

22nd February, 2015
2

Most of the top funds feasting on Ireland’s distressed debt had coveted time with Minister for Finance Michael Noonan and his key officials to discuss Nama, a Dáil disclosure has shown.

Noonan and his team made time to meet private equity giants Apollo, Lone Star and Cerberus, as well as newer names in the Irish distressed debt buying market exploring the opportunities that Nama’s accelerated sell-off might provide.

Officials...

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