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Sovereign Wealth Funds Briefing - Categorized | Financials, Market

Reformed Irish SWF to act as alternative source of project finance

Posted on 07 March 2014

The Irish government has said it is “essential” the Ireland Strategic Investment Fund (ISIF) act as an alternative source of financing for a broad range of projects – from agriculture, to construction and technology ventures.
Minister for finance Michael Noonan said he was hopeful Parliament would pass a yet-unpublished bill by “the middle of the year” to formally establish the ISIF, allowing the €6.8bn held within the National Pensions Reserve Fund’s (NPRF) discretionary portfolio to be deployed………………………………………..Full Article: Source


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