Oireachtas Joint and Select Committees
Wednesday, 4 March 2015
Committee of Inquiry into the Banking Crisis
Context Phase
Dr. Peter Bacon:
NAMA is a major, major property portfolio. The number of people in the world who have headed up that kind of operation is quite small. It is very specialist - think of Blackstone, BlackRock and people who have bought assets from NAMA. I would think the skill set did not exist in Ireland to take on the management of that portfolio.