Inside Ireland’s €8 billion Strategic Investment Fund

Should the state be spending money from what was a rainy day fund to splash out on backing small firms, private equity and venture capital?

7th August, 2016
Eugene OCallaghan, head of the Irish Strategic Investment Fund (ISIF)Feargal Ward

Abrakebabra; Lily O’Brien’s. The AA. Carrolls Cuisine. House building. Student accommodation. Office blocks. Loans to milk farmers. Life-changing drug treatments and technology R&D. Is there any part of the economy that the state-backed Irish Strategic Investment Fund (ISIF) doesn’t touch?

At €8 billion, it may not be one of the world’s biggest sovereign wealth funds, but in a country the size of Ireland’s it is huge. It...

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