Tommy Broughan (Dublin North East, Independent)
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136. To ask the Minister for Finance the terms of reference of the Ireland Strategic Investment Fund; the person regulating the investments and returns; and if he will make a statement on the matter. [17454/15]

Michael Noonan (Limerick City, Fine Gael)
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An Investment Committee, appointed by the NTMA, will decide on the investments of the Ireland Strategic Investment Fund, within the parameters of the investment strategy set by the new Board of the National Treasury Management Agency (NTMA).  This investment strategy is subject to my consent and the consent of my colleague, the Minister for Public Expenditure and Reform. It is expected that the Investment Strategy will be approved shortly following the closure of the relevant consultations.