Irish NPRF Faces Trouble
Established on April 2001, the Ireland’s National Pensions Reserve Fund (NPRF) originally could not withdraw funds prior to 2025, as it was set up as a reserve fund for social entitlements. However, during the financial crisis, the wealth fund became involved in politics and bailed out a number of Irish banks that needed to recapitalize. In February 2009, the Irish SWF financed a €7 billion bank recapitalization program for Irish banks. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]
Contact the writer or creator of this article or page.
Questions or comments: support(at)swfinstitute(dot)org
Follow on Twitter at @swfinstitute and @sovereignfunds
Learn, Attend and Network: Institutional Investor Events and Summits
Go Back: HOME: Sovereign Wealth Fund Institute