Loans made by the former Anglo Irish Bank in Northern Ireland have been sold as part of its liquidation process. Anglo was a major property lender in Northern Ireland during the property boom but the bank was nationalised by the Dublin government in 2009. Many of its loans were later moved into the Irish "bad bank", the National Asset Management Agency (Nama). Some loans were retained by Anglo, later renamed IBRC, and it is those which have been sold. They were part of a portfolio called Project Rock which was made up of around 800 loans. Most of the loans have been bought by Lone Star, the US-based investment fund. A small number are reported to have been sold to a US consortium headed by Sankaty Advisors and Canyon Capital.