Oireachtas Joint and Select Committees

Thursday, 12 February 2015

Public Accounts Committee

2013 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
IDA Ireland - Financial Statement 2013
Enterprise Ireland - Financial Statement 2013

10:00 am

Ms Julie Sinnamon:

It would not be a very big investment relative to the types of investment we made in venture capital. It would be common for us to make investments in venture funds of €20 million. That is not an unusual amount. It was really invested as two venture funds which then went public so it is not core to the type of investment we would do in normal companies in Ireland.