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Over the last seven years, France’s Banque publique d’investissement, or Bpifrance, has been the world’s most active sovereign wealth fund investing in private tech companies. Bpifrance was originally set up as a sovereign investment fund in 2009.
The government of Singapore owns the world’s second and third most active funds. These two funds are Temasek Holdings, which distributes dividends solely to Singapore’s Ministry of Finance, and GIC, the private equity investment arm of the government of Singapore Investment Corporation.
Very proud to see our largest subsidiary deploying the "Investments For The Future" (the €35 Bn plan launched in 2011) funds across the french economy, and proud to see its Mother Company being also part of the ranking in such a prestigious crowd !
Disclosure : I work for Caisse Des Dépôts representing it as the sole LP in the Bpifrance funds managed for the IFF/PIA program.