Ireland Strategic Investment Fund ISIF 2.0...An Introduction - Press Pack Presentation by
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Ireland Strategic Investment Fund
ISIF 2.0...An Introduction
Press Pack
Presentation by
Eugene O'Callaghan,
Director, ISIF
ISIF 2.0...AN INTRODUCTION
Eugene O'Callaghan
Director, ISIF
ISIF 1.0 (2015 to 2018) ISIF 2.0 (2019 onwards)
“Invest on a commercial basis to support economic activity and employment in Ireland”
Commercial Economic
Returns Impact
Thinking in decades & making a difference
ISIF 1.0 – Outcomes
ISIF 2.0…
“Double bottom line” mandate remains unchanged
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Governance and management unchanged
Reduced fund size €5.4bn
• Significant investment capacity €500m pa +/-
ISIF 2.0 as a “Strategic” investor
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Leveraging co-investment
Flexible, long term, sovereign investment partner
Seeking to drive balance, quality and sustainability in the Irish economy
ISIF 2.0 - focused on 5 Priority Themes
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Guided by Project Ireland 2040
Priority Themes: Regional development, Housing, Indigenous Businesses, Climate Change, Brexit
• Connectivity Fund sub-portfolio
• Flexibility for other compelling national level opportunities
• Aligned with Government policies,
Thinking in decades & making a difference
ISIF 2.0… Priority Themes
Regional Development
€500m-€750m regional, commercial investment programme
Enabling the Regions
Enabling investment
• Infrastructure, urban regeneration etc
Investment in regional businesses
Regional Businesses
Aligned with Project Ireland 2040
• Regional partnerships
Housing
25,000 houses by 2025
ISIF’s Housing Strategy
Strategy: apply ISIF capital to fill gaps
1. Unlocking land
2. Build for sale
3. Long term rental
Focused on starter homes and mass market units
• Will seek to invest in social and affordable housing where
commercially possible
Indigenous Businesses
Support scaling of 100 indigenous businesses
Assist in developing next wave of larger scale Competing internationally
indigenous businesses to compete internationally
Scale up to 100 indigenous businesses over 5 years Directly for larger amounts
• Broad range of sectors
• Food & Agriculture, Technology and Health in
particular &
Use platforms to maximise
Venture and early stage investments will be aimed impact for SMEs
at developing a candidate pool
ISIF will increase direct investment (debt & equity)
to support scaling and internationalisationClimate Change
Decarbonisation – reduction, mitigation and efficiency
Contribute to Ireland’s future 2030 EU Renewable Energy targets by making
investments to deliver substantial carbon reduction
State market support regimes an important factor
Renewable
Electricity
Possible opportunities in …
1. Renewable Electricity
2. Renewable Transport
Renewable
3. Food & Agri Sector Transport
4. Renewable Heat
Food & Agri.
Sector
ISIF will measure and monitor carbon where possible across
its entire portfolio.
Renewable
HeatBrexit
Commercial investment to support long-term diversification and resilience of
businesses in Ireland that have substantial UK exposures
ISIF’s Brexit Strategy
Dependent on outcome of current Brexit process in UK
Brexit strategies for threatened businesses: Long term Product
- Exchequer/Agencies: short term financial support. capital for Diversification
- ISIF: long term investment in markets and product businesses
Market
diversification. Loan funds Diversification
for specific
sectors
Possible physical connectivity investments
Connectivity
Emerging
markets
diversificationISIF Team
Eugene O'Callaghan
Director
T +353 1 238 4066
E eocallaghan@ntma.ie
info@isif.ie
Fergal McAleavey Kieran Bristow Cathal Fitzgerald
Senior Investment Director Senior Investment Director Senior Investment Director
Private Equity & Venture Capital Investment Strategy & Residential Food & Agriculture
T +353 1 238 4432 Housing T +353 1 238 5017 www.isif.ie
E fergal.mcaleavey@ntma.ie T +353 1 238 5058 E cathal.fitzgerald@ntma.ie
E kieran.bristow@ntma.ie
Saoirse O’ Connor Donal Murphy Paul Saunders @ntma_ie
Investment Director Senior Investment Director Senior Investment Director
Portfolio Monitoring Infrastructure Investments Innovation
T +353 1 238 5063 T +353 1 238 4934 T +353 1 238 5049
E saoirse.oconnor@ntma.ie E donal.murphy@ntma.ie E paul.saunders@ntma.ie
LinkedIn
Mikael Langstom
Investment Director
Risk & Portfolio Analytics
T +353 1 238 4231
E mlangstrom@ntma.ieYou can also read
