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Capital Markets

Ireland’s sovereign fund takes a galvanizing approach to Covid

Different sovereign funds have approached Covid in different ways – drawdowns, contrarian investments, flights to safety and backstopping local raisings – but Ireland’s has perhaps been the most clearly defined.

Eugene O'Callaghan, ISIF_960.jpg
Eugene O’Callaghan, Ireland Strategic Investment Fund

In May, the Ireland Strategic Investment Fund (ISIF) created a sub-portfolio worth €2 billion – the Pandemic Stabilization and Recovery Fund.

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