Irish NPRF Partners with Silicon Valley Bank

Silicon Valley Bank is planning to lend $100 million to fast-growing Irish technology, life science, cleantech, private equity and venture capital businesses over five years, subject to its usual lending criteria. This is through a new partnership with the Irish National Pension Reserve Fund (NRPF). The NRPF has taken an inward focus ever since the bailouts of the two major Irish banks.

The NPRF will also invest in technology funds managed by SVB Capital, which is owned by Silicon Valley Bank.

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