Dublin and London-based Frontline Ventures, an early-stage venture firm, has closed its second fund at 60 million euros. The firm backs B2B software companies, making investments that are between 200,000 euros and 3 million euros. Frontline Fund II’s limited partners include Ireland Strategic Investment Fund, Enterprise Ireland, European Investment Fund, Allied Irish Banks, various pension funds and family offices.
With the passing of the Fossil Fuel Divestment Bill in the Dáil, Ireland is just one step away from becoming the first country in the world to stop all Strategic Investment Fund payments that support fossil fuels.
<p>A visit to Belfast last week by China’s provincial pension funds manager, the National Committee for Social Security Fund (NCSSF), to meet its Northern Ireland counterpart could signal offshore investment intentions, according to sources.</p> <p>Those familiar with the Chinese pension system told IPE the trip could be a precursor of more to come as the NCSSF familiarises itself with the practicalities of offshore investment with foreign counterparts such as the Northern Ireland Local Government Officers’ Superannuation Committee (NILGOSC).</p>
The managing director of Fortress Investment Group, the New York-based private equity giant that lost out to rival Cerberus in the competition to acquire Nama's 'Project Eagle' loan book, is understood to be among the leading contenders for appointment to the role of US ambassador to Ireland.
Deal marks 100th terminal added to global storage networkÂ Puma Energy, the globally integrated midstream and downstream energy company, today announced that it has signed a purchase agreement with BP to buy its bulk storage fuel terminal.
The value of private equity deals in Europe has slumped by nearly a quarter during the first nine months of 2016 compared with last year, as the pace of deals in the U.K. and Ireland showed a marked decline in the wake of the EU referendum, according to numbers from data provider PitchBook.
Non-resident investors in Irish real estate funds will have to pay a 20 percent withholding tax from next year on certain deals, the finance ministry said on Thursday, in a further clampdown on structures used to minimise tax bills.
The Ireland Strategic Investment Fund, the Irish Sovereign Development Fund, and Cartesian Capital Group LLC, a Global Private Equity Firm With Expertise in Global Expansion Initiatives, Together Commit a Total of up to $125 Million in Equity Capital to Aqua Comms and Invest in the Future of Subsea Cable Network Developments and Operations
The three-block mixed development in Dublin 7 brings in a rent of about €975,000
<p>The <a href="http://www.irishtimes.com/search/search-7.1213540?tag_organisation=International%20Monetary%20Fund&article=true">International Monetary Fund</a> (IMF) has warned of “new imbalances” in the commercial property sector in its latest report on Ireland.</p>