Damien English (Meath West, Fine Gael)
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Are the radar opportunities all funds in which NPRF-ISIF can invest? Can it invest directly in a business? Perhaps Mr. O'Callaghan would talk us through the process in terms of how the agency can be approached by, say, a group which has a €30 million fund it wishes to invest. In other words, if a company has a good business idea, does it approach one of the fund managers or the agency?

On the agency's day-to-day business, does it deal with the managers on a regular basis or do they report to it within set timeframes? I presume the managers are in charge, with the guidance of the agency. I would welcome Mr. O'Callaghan's response to those questions.