The US fund Lone Star has acquired the bulk of Anglo Irish Bank’s €7bn UK loan book sold by the special liquidators for IBRC.

Nama has generated €16.5bn in cash and redeemed €7.5bn of senior bonds since it was established in 2009, according to its 2013 end-of-year statement.

Ireland is one of top-four active markets in Europe for portfolio transactions, says Margaret Kelleher.