About ISIF

Flexible, Long–Term, Sovereign Investment Partner

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To invest on a commercial basis to support economic activity and employment in Ireland

The Ireland Strategic Investment Fund, managed and controlled by the National Treasury Management Agency (NTMA), is a sovereign development fund with a unique mandate. We have a statutory mandate to invest on a commercial basis in a manner designed to support economic activity and employment in Ireland. The fund’s predecessor was the National Pensions Reserve Fund (NPRF)

The Fund's revised investment strategy, following a 2018 review of the ISIF mandate, is guided by the objectives of Project Ireland 2040, to target its future investments in five sectors or priority themes of key importance to the Irish economy:

•Regional development
•Housing
•Indigenous businesses
•Climate change
•Brexit

The Fund will continue to pursue investment opportunities that are suitable for its Connectivity Fund sub-portfolio, which includes existing investments in airport and port infrastructure and projects that enhance Ireland’s global data and IT connectivity. The Fund will also maintain flexibility to selectively take advantage of compelling opportunities which are consistent with the Fund’s mandate and do not fit under the priority themes.

The Fund differs from other pools of capital in a number of key respects. It has a long investment time horizon and therefore can act as a permanent or patient source of long-term capital. It has flexibility up and down the capital structure and can therefore meet changing capital needs and gaps in the marketplace.

The Fund will seek to invest in transactions where it can make a difference, where its characteristics can enable commercial investment transactions with positive economic impact and can make it an attractive “investor of choice” for company and project sponsors and advisors.

We are a strategic investor with strong connections in both the public and private sectors. We are uniquely positioned to make connections and drive innovation across multiple industry players developing and delivering innovative opportunities that might otherwise go unrealised.

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See our investments to date
Ireland Strategic Investment Fund