ISIF Impact Report

ISIF Impact Report

The impact that the Ireland Strategic Investment Fund (ISIF) has demonstrated in its first 10 years reflects the unique mandate it was given at inception. This impact report demonstrates how ISIF has delivered upon its double bottom line mandate covering both economic impact and commercial returns over the last 10 years.

This report shows:

  • ISIF made investments totalling €1.6bn in 2024, bringing total ISIF commitments to over €8.8bn to benefit businesses and projects in Ireland since inception;
  • Unlocked total investment in these businesses and projects of over €21bn alongside its co-investment partners. ISIF catalyses €1.4m in third party co-investment for every €1m it invests, exceeding its original target of €1m co-investment for every €1m invested by ISIF;
  • Generated €5.3bn to make available for recycling in fresh investments as a result of a combination of successful exits from previous investments, distributions from investments which it continues to hold, and realisations from current and previous investments;
  • Generated over €2.3bn in investment returns across its portfolio (to end-December 2023, with audited 2024 figures to be published shortly) - exceeding the five-year rolling cost of Irish Government debt;
  • Committed over €1.5bn to Irish homebuilding projects which are on course to deliver over 16,000 new homes by end-2025 that have been funded directly by ISIF;
  • Helped to support Ireland’s transition to a Net Zero economy through its climate investment programme;
  • Supported significant regeneration and economic development of Ireland’s 5 regional cities by funding new places to work, new places to live, enabling investments such as infrastructure enhancements, and targeted investments in emerging and scaling businesses based in regional locations; and
  • Supported over 34,000 jobs throughout the Irish economy.

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ISIF Impact Report