Enterprise Ireland approves €10 million commitment

The US public pension has backed a venture capital agribusiness fund.

Institution: Enterprise Ireland
Headquarters: Dublin, Ireland
AUM: €436.90m
Allocation to alternatives: 100.0%
Bitesize: €10-50m

Enterprise Ireland has agreed to commit €10 million to Yield Lab Europe Fund I, according to a press release from Yield Lab’s website. The venture capital fund will be focusing on agribusiness and TMT investments in Western Europe.

The €436.90 million Irish government-related investment organisation’s portfolio has a 100% allocation to private equity.

As illustrated in the charts below, Enterprise Ireland’s private equity commitments predominantly tend to target venture capital and growth equity funds.

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