CIC and Belgium’s SFPI-FPIM Agree to Mirror Fund
In Brussels, the China Investment Corporation (CIC) and Belgium’s Federal Holding and Investment Company (SFPI/FPIM) signed an agreement launching the China-Belgium Mirror Fund. The SFPI/FPIM is a limited company in which 100% of the capital is owned by the Belgian Federal Government. The SFPI/FPIM is the manager of the federal government’s shareholdings. It works with the government on specific projects and seeks its own investment policy in the interests of the Belgian economy.
The mirror fund will start out with 17 million euros. [Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view site content.]