AAA April 2011 – Page 6

AIB reportedly eyes fund

Ireland-based bank AIB Group is reportedly preparing to raise a €22m ($32m) corporate venturing fund for early-stage companies. News provider Sunday Business Post said AIB would provide most of the money, with the remainder coming from Enterprise Ireland, the state investment agency. ACT Venture Capital, which is led by former AIB executive Niall Carroll, will… Continue reading AIB reportedly eyes fund