Strategic Investment Fund
|France||US$ 25.5 Billion|
Transparency Rating: 9
Firm Investment Style: Portfolio
Entity Structure: Fund
Known locally as Le Fonds stratégique d’investissement (FSI), it was established in late November 2008. The Strategic Investment Fund (SIF) was created to enhance equity and to help stabilize French firms. SIF will be managed by Caisse des Dépôts. The SIF will be a French public limited company (société anonyme), a subsidiary of Caisse des Dépôts, and controlled by it, whose accounts will be consolidated with those of Caisse des Dépôts. The FSI is 49% owned by Government of France and 51% Caisse des Depots et Consignations.
The SIF’s board of directors has two representatives from the Caisse des Dépôts, two representatives from the French government and two representatives from French industry.