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Ireland Strategic Investment Fund Management

Dáil Éireann Debate, Wednesday - 6 May 2015

Wednesday, 6 May 2015

Questions (136)

Thomas P. Broughan

Question:

136. Deputy Thomas P. Broughan asked the Minister for Finance the terms of reference of the Ireland Strategic Investment Fund; the person regulating the investments and returns; and if he will make a statement on the matter. [17454/15]

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Written answers

An Investment Committee, appointed by the NTMA, will decide on the investments of the Ireland Strategic Investment Fund, within the parameters of the investment strategy set by the new Board of the National Treasury Management Agency (NTMA).  This investment strategy is subject to my consent and the consent of my colleague, the Minister for Public Expenditure and Reform. It is expected that the Investment Strategy will be approved shortly following the closure of the relevant consultations.

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