Written answers
Tuesday, 21 May 2013
Department of Finance
NAMA Qualifying Investor Fund
Pearse Doherty (Donegal South West, Sinn Fein)
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207. To ask the Minister for Finance further to Parliamentary Question No. 51 of 17 January 2013, if he will provide an update on the National Asset Management Agency plans for Qualified Investor Funds, tenders for the administration of which were issued more than a year ago, with NAMA predicting it would launch at least two QIFs in 2012. [24112/13]
Michael Noonan (Limerick City, Fine Gael)
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I am advised that the Board of NAMA is currently reviewing its approach to Qualifying Investor Funds in light of the recently introduced REITs legislation.
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