Oireachtas Joint and Select Committees

Thursday, 23 March 2023

Public Accounts Committee

2021 Financial Statements of Enterprise Ireland: Discussion

9:30 am

Mr. Kevin Sherry:

First of all, as I mentioned earlier, we invest in seeding venture capital funds. We are a limited partner in those funds. We do not participate in the direct investment of those funds but we do sit on their advisory committees, so we have an oversight role in terms of ensuring that corporate governance is appropriate and also in terms of the schemes and the funds.