Oireachtas Joint and Select Committees

Tuesday, 31 March 2015

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Green Paper on Capital Markets Union: Discussion

2:00 pm

Photo of Stephen DonnellyStephen Donnelly (Wicklow, Independent) | Oireachtas source

It is almost a securitisation exercise of venture capital funds. If there are 100 different funds from around Europe with €1 billion to invest, they could not be bothered putting in €10 million each, but they will drop it into a pooled company. We are talking about a layer sitting on top - the intermediary.

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