It had $74 billion of unspent capital at the end of the period.

Buyout firms are sitting on lots of unspent capital and have been under pressure to invest those funds.

Buyout houses are sitting on $138 billion of unspent capital in Asia, according to consultants at Bain & Co.

The Minister told the committee €128 million of unspent capital from Government departments and agencies in 2008 was being carried over to this year.