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Sovereign Wealth Funds Briefing - Categorized | Investment

France’s Strategic Investment Fund acquires EUR10mln stake in 3S

Posted on 09 June 2009

From Semiconductor-today.com: Late last month, 3S Photonics S.A. of Nozay, France received a capital increase of €10m ($13.6m) through the purchase of new shares by France’s Strategic Investment Fund (Fonds Strategique d’Investissement, or FSI), which gains a representative on the firm’s supervisory board.

FSI was created on the initiative of President Nicolas Sarkozy in late November amid the financial crisis, endowed with €20bn, to help stabilize small-to-medium enterprise (SME) technology and defense firms that are deemed to be strategic. …….Full Article: Source


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