Peadar Tóibín
Ceist:297 Deputy Peadar Tóibín asked the Minister for Jobs, Enterprise and Innovation if he will details the management fees and administration costs associated with Innovation Fund Ireland. [21373/12]
Amharc ar fhreagraTuesday, 1 May 2012
Ceisteanna (238)
Freagraí scríofa
The management fees associated with investments made under Innovation Fund Ireland are agreed confidentially between the parties involved and are commercially sensitive. I am therefore not in a position to provide this information. The administration of the Fund is carried out by Enterprise Ireland and the National Pensions Reserve Fund as part of their day to day operations and is met from the overall administrative budgets of the bodies concerned.