National Pensions Reserve Fund
|Ireland||US$ 27.4 Billion||Origin: Non-Commodity|
Transparency Rating: 10
View Sovereign Fund Transaction Data
Firm Investment Style: Mixed
Entity Structure: Fund
Population Est.: 4.78 million – 2013
Wealth Per Capita Est.: $5,732
In 2013, the Irish government changed the focus of the NPRF to focus more on domestic investments. The new name, Ireland Strategic Investment Fund, reflects the change.
To prevent potential serious damage to the financial system in the State and ensure the continued stability of the system.
The Credit Institutions (Stabilisation) Act 2010 also provides for Ministerial directions for the Fund to invest in Irish Government securities or for payments to the Exchequer to fund capital expenditure in the financial years 2011, 2012 and 2013. The implications of these developments for the Fund’s operations and investment strategy are being considered by the NPRF Commission.