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Financial Services

Dáil Éireann Debate, Wednesday - 20 May 2026

Wednesday, 20 May 2026

Ceisteanna (68)

Pearse Doherty

Ceist:

68. Deputy Pearse Doherty asked the Tánaiste and Minister for Finance to provide details on the commercial and investment mandate of an organisation (details supplied); the number of forward purchase agreements that have been entered into since the joint venture was founded; and if he will make a statement on the matter. [38106/26]

Amharc ar fhreagra

Freagraí scríofa

The National Treasury Management Agency (NTMA) has informed me that Activate Capital was established in 2015 with the support of the Ireland Strategic Investment Fund (ISIF) and KKR. 

Activate provides flexible financing solutions to experienced developers, enabling large-scale housing delivery across Ireland’s most active residential developments. ISIF’s investments with Activate have all supported Activate’s development lending and have not involved or funded the forward purchase of new units.

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