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
Stephen 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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