Bank of America doubles down on Irish fund backed by U2 stars

From left, Antony Jancic, Bank of America’s incoming Ireland country executive and Europe CEO; Andrea Sullivan, head of social and environment at BoA; and Fernando Vicario, the outgoing Europe CEO. Photo: Jason Clarke

Global finance giant Bank of America is increasing its investment in the Impact Ireland Fund, an investment vehicle formed by Dublin-headquartered Venturewave Capital and backed by U2 guitarist The Edge.

Bank of America will nearly double its minority interest in the €100m Impact Ireland Funds that are managed by Venturewave Capital.

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