Acronym: SIF
 Assets under management:
US$29bn¹ (€20bn²)
 Established:
2008
 Headquarters: Paris, France
 Origin: Non-commodity
 Website: www.caissedesdepots.fr 

























Strategic Investment Fund
(Fonds stratégique d'investissement)

Fund details

History
The creation of a Strategic Investment Fund was announced by French President, Nicolas Sarkozy on 20 November 2008¹.

SIF is a public limited company, subsidiary of Caisse des Dépôts, with assets managed by Caisse des Dépôts¹.

Source of funds
Fund will start with €20 billion contributed by Caisse des Dépôts from its equity (general section) and by the French State: €14 billion in securities and €6 billion in cash¹.

Management
Gilles Michel (former Executive Vice President of Citroën and member of the PSA Peugeot Citroën Managing Board) is a Managing Director of SIF³.

Objectives
  • To support the development of small and medium-size businesses²
  • To increase protection for the capital of strategic companies²

Location
56 rue de Lille
75356 Paris,
07 SP,
France

References
1. Creation of the Strategic Investment Fund , Caisse des Dépôts press release, 20 November 2008
2. Strategic investment fund, Speech by M. Nicolas Sarkozy, President of the Republic (excerpts), 20 November 2008
3. Gilles Michel leaves the Group to head France's sovereign wealth fund , Press release, 19 December 2008 Last Updated: 17.01.2009

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