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Italy is creating an ad hoc sovereign fund to invest in strategic companies to help protect and develop key industry sectors.
The fund is partly backed by Rome’s Cassa Depositi e Presititi (CDP), a state holding that manages 235 billion euros ($331.9 billion) in savings, and would be open to private investors……………………………………….Full Article: Source
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Sovereign Wealth Funds Briefing - Categorized | Fund Profile/New Launches
Italy to roll out SWF
| Posted on 29 July 2011 |
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