At the end of 2025, the state’s Ireland Strategic Investment Fund (ISIF) owned 22,073 shares in Palantir, valued at €3.34 million. This is a large increase on the 13,060 shares in Palantir held by ISIF at the end of 2024.
Palantir is deeply involved in Israel’s IDF and the operations of its genocidal campaign in Gaza. Palantir’s CEO has stated that the company is steadfast in its support for Israel.
In response to a recent question from the Public Accounts Committee, the National Treasury Management Agency, which manages and controls ISIF, stated that investment in Palantir is not outside its investment parameters.
People Before Profit's Paul Murphy TD said:
“Palantir is deeply integrated into the Israeli military structure and has played a crucial role in Israel’s genocide in Gaza and the slaughter of Palestinians.
“Palantir CEO Alex Carp, in a letter to shareholders in November 2023 after Israel had began its horrific genocide in Gaza, stated that Palantir is ‘one of the few companies in the world to stand up and announce our steadfast support for Israel’.
“Despite the International Court of Justice’s legally-binding rulings in 2024 to prevent Israel’s genocide in Gaza, Palantir has not only failed its obligation to avoid complicity in genocide, war crimes and crimes against humanity, but it is enabling these atrocities.
“Yet the State’s Ireland Strategic Investment Fund (ISIF) continues to invest in Palantir. The rationale provided by the National Treasury Management Agency, which manages the ISIF, is that investment in Palantir is not outside its investment parameters.
“Deputy Eoin Hayes was pilloried for his investments in Palantir and suspended from the Social Democrats, and rightly so, and yet, through the ISIF, the state is continuing to force us all to invest in this corporation that continues to enable the targeting and killing of innocent people.
“It is clear that, given Palantir’s deep involvement in the execution of Israel’s genocide in Gaza and the state’s legal obligations under the Genocide Convention, cutting all ties with Palantir is both a legal and a moral duty. Investment parameters that do not result in the cutting of all involvement with Palantir are failed parameters.
“The Government and the State is complicit in genocide across a shamefully wide range of actions and inactions, and holding investments in Palantir is one such complicity. The Minister for Finance Jack Chambers must instruct the NTMA to divest from Palantir immediately.”