Ireland follows UK in forming fund of venture capital funds with India planning direct investment vehicle for its pharmaceutical industry.
Ireland has picked Damien Callaghan, strategic investment manager at Intel Capital (and left in the picture), to chair the advisory board of the country’s €500m ($700m) fund of venture capital funds.
Brian Cowen, the Irish Prime Minister, launched the Innovation Fund – Ireland in New York as part of a plan to have venture capital funds invest and bring portfolio companies to the country.
In a speech at the New York Stock Exchange, Cowen said: "Damien served on the Innovation…
