The New York based firm bought the loans for £1.2bn (€1.6bn) - it has been claimed that a number of Northern Irish business men and political leaders received payments connected to the completion of the deal. Cerberus has denied that it was involved in any wrongdoing.
The firm recently wrote to the Stormont committee which is investigating the sale, and said that it expects to receive a return of £1.4bn (€1.9bn) on the portfolio - a profit of £200m (€271m).
However, the IT reports that the firm typically makes closer to between 15% and 20% returns on European property investments, and that the ultimate profit could be closer to £500m (€680m).
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150 new jobs have been announced for Co Kildare - they're coming on stream over the next three years through The Rye River Brewing Company in Celbridge, which is building a new brewery and visitor centre.
The jobs will be spread across a range of areas like manufacturing, customer service, brewing, export and general operatives.
Management hope the €4 million project will be worth an extra €12.5 million to the local economy.
Meanwhile, the Jobs Minister Richard Bruton will announce details of new jobs at an IT services company in Dublin later.
The software and engineering positions are with the technology consultancy firm Ammeon.
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Eurozone finance ministers will gather in Luxembourg later today for the first of two days of meetings - Greece is set to be the main topic of discussion.
Its finance minister, Euclid Tsakalotos will sit down with Europe's finance ministers for the first time since Syriza was re-elected.
Greek PM, Alexis Tsipras told his party over the weekend that his government will implement the terms of the agreed austerity-heavy bailout programme, and complete its first review by mid-November before opening new discussions on potential debt relief.
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Growth in Ireland's service sector picked up in September, while remaining short of the nine-year high recorded in July.
The Investec Purchasing Managers' Index of activity in services rose to 62.4 in September, up from 62.1 in August. Any value over 50 indicates growth.
Investec Ireland chief economist Philip O'Sullivan commented on the figures: "Taken together with last week’s Manufacturing PMI release, this report suggests a somewhat sharper rate of increase in activity at the end of the third quarter for much of Ireland’s private sector."
