Oireachtas Joint and Select Committees

Tuesday, 28 November 2017

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Scrutiny of EU Legislative Proposals

7:15 pm

Mr. Pat Lardner:

No, 1,500 over the first three years. The point, as those who the Senator knows in Northern Trust would tell him, is that once a company starts doing business with a client in this jurisdiction there is then a base from which to do other things. As Deputy Pearse Doherty said, the €600 million which has grown to over €2 trillion is partially down to the fact that a manager came to Ireland, did a piece of business, liked what he or she saw and found us good to deal with and decided to do more things. We want to make sure that we can do that with private equity, investment in infrastructure, and through the investment limited partnerships.