Investopedia explains 'Strategic Investment Fund'
The creation of this fund was announced by French President Nicolas Sarkozy in late 2008. The goal of the fund is to make strategic investments in French firms to prevent them from being bought at discounted prices by foreign investors. The financial crisis depressed the market values of many major French firms. The fund is run jointly by the French government and the state bank Caisse des Depots et Consignations.
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