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Sovereign Wealth Funds Briefing - Categorized | Fund Profile/New Launches

France, Qatar end suburbs dispute with new fund

Posted on 24 June 2013

France and Qatar launched a mixed Franco-Qatari fund Sunday to invest 300 million euros in small and medium-sized French companies, in a bid to quash concerns raised by a previous Qatari plan to invest specifically in depressed French suburbs.
The fund will be operational from July, said Jean-Pierre Jouyet, the head of French state-owned bank Caisse de Depots, which is co-shareholder of the fund with Qatar’s sovereign fund Qatar Holding LLC………………………………………..Full Article: Source


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