Friday November 27, 2020

Where will the NPRF’s money go? The €6.8 billion question

The National Pension Reserve Fund (NPRF) is becoming a hunter rather than a gatherer. The results could be very interesting, writes Philip Connolly.

5th March, 2014
Heavy hitters: Finance minister Michael Noonan, Eugene O’ Callaghan, Director Ireland Strategic Investment Fund (ISIF) and John Corrigan, Chief Executive of the National Treasury Management Agency were all at Dublin Castle today.

It is time for the National Pension Reserve Fund (NPRF) to become a hunter, where it had previously been a gatherer according to Eugene O'Callaghan, the director of the new Ireland Strategic Investment Fund (ISIF). With €6.8 billion to spend, the ISIF has a lot of hunting ahead of it.

In front of the assembled great and good of Irish capital and financing at Dublin Castle this morning, O’Callaghan took to the stage as the...

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