20.01.2014 - Ireland and China set up new US$100mln tech investment fund
China and Ireland have set up a new technology investment fund to support relevant companies of both countries to carry out R&D activities, the Chinese embassy confirmed on Saturday. On Friday, Ireland's National Pensions Reserve Fund (NPRF) announced the establishment of the investment fund with a Chinese sovereign wealth fund. In a statement, the NPRF said the fund, called the China Ireland Technology Growth Capital Fund, will be capitalized at US$100 million with equal commitments from the NPRF and China Investment Corporation (CIC)...............................................Full Article: Source
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