| 28.11.2008 - CDC gets strategic SWF approval |
| From Globalpensions.com: National pension fund Caisse des Dépôts et Consignations (CDC) has been authorised to act as a sovereign wealth fund-like (SWF) vehicle to protect strategic French assets from predatory foreign investors. The entity, officially known as a strategic investment fund, will be used to invest in developing French small and mid-sized businesses and provide a stabilising effect on the capital of businesses hit by the global economic downturn. .... Full Article: Source |