10 years a vulture: How much has Cerberus made in Ireland?
We now have full sight of the returns achieved by Cerberus on the first wave of distressed debt it acquired in Ireland following the financial crisis. Thomas Hubert joins Ian Kehoe to discuss the US vulture fund's performance and how it compares between deals with major Irish providers of bad loans, such as Nama and Ulster Bank, and other European countries covered by Cerberus's growing Irish office. A major series of articles to be published this week covers the figures in detail.
