Dáil Éireann Debate, Thursday - 24 September 2015
97. Deputy Michael McGrath asked the Minister for Finance if, further to Parliamentary Question No. 27 of 4 February 2015, he will provide details of further meetings he or his officials have had with operators of private equity funds, including the dates on which these meetings took place; and if he will make a statement on the matter. [32636/15]
Amharc ar fhreagraDepartment of Finance records reflect that, since Parliamentary Question No. 27 of 4 February 2015, I have met with one US Private Equity firm, Cerberus, which may have had an interest in the sale of NAMA assets. This meeting was held on 19 March 2015. The meeting was also referenced in my previous response to the Deputy regarding Parliamentary Question No.293 of 13 July 2015.
My officials also held a telephone call with Canyon Capital on 10 February 2015.
I would also wish to make the Deputy aware that in Parliamentary Question No. 293 of 14 July 2015, I stated officials from my Department had met with a named US Private Equity firm (also being Cerberus) on 28 March 2015. This was incorrect and that meeting was in fact held on 28 March 2014. I trust this clarifies the matter for the Deputy.
In addition, both myself and senior Department officials, on occasion, attend group meetings and conferences which are arranged by investment banks and stockbrokers as well as presenting at conferences where representatives of various US Private Equity firms may also be in attendance.
