Oireachtas Joint and Select Committees

Tuesday, 22 November 2016

Public Accounts Committee

Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed)

10:00 am

Mr. Patrick Long:

A part of the reason that we were hired by NAMA was our access to investors and our understanding of same. We already had a good sense of how much capital those investors had available and their track records from previous transactions. It was on the basis of our experience and expertise that we made the decision to admit Fortress and Goldman Sachs to the process and not the other firms that approached us.

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