Strategic Investment Funds: Opportunities and Challenges Halland, Havard Noel, Michel Tordo, Silvana Kloper-Owens, Jacob J. 2016-10-17T16:36:39Z 2016-10-17T16:36:39Z 2016-10
dc.description.abstract Over the past 15 years, the number of government-sponsored strategic investment funds has grown rapidly in countries at all income levels. This paper identifies some of the challenges that these funds face in their endeavor to achieve economic policy objectives while also securing commercial financial returns—the so-called double bottom line. Through the review of the objectives, investment strategies, and operations of a sample of strategic investment funds, this paper outlines ways in which these challenges have been addressed. The paper suggests that properly structured and managed strategic investment funds can be effective vehicles for crowding in private investors to priority investments, thus magnifying the impact of public capital. However, their success rests on the funds' ability to balance policy and commercial objectives, source investment opportunities, and secure the right fund management capacity. en
dc.language English
dc.language.iso en_US
dc.publisher World Bank, Washington, DC
dc.relation.ispartofseries Policy Research Working Paper;No. 7851
dc.rights CC BY 3.0 IGO
dc.rights.holder World Bank
dc.subject Strategic Investment Fund
dc.subject Sovereign Development Fund
dc.subject private equity fund
dc.subject venture capital fund
dc.subject Sovereign Wealth Fund
dc.subject infrastructure investment
dc.subject private equity
dc.subject blended financing
dc.subject fiscal policy
dc.subject public finance
dc.subject public investment
dc.subject climate finance
dc.subject green finance
dc.subject public-private partnership
dc.subject capital stock
dc.title Strategic Investment Funds en
dc.title.subtitle Opportunities and Challenges en
dc.type Working Paper en
dc.type Document de travail fr
dc.type Documento de trabajo es
dspace.entity.type Publication
okr.crossref.title Strategic Investment Funds: Opportunities and Challenges 2016-10-05
okr.doctype Publications & Research
okr.doctype Publications & Research :: Policy Research Working Paper
okr.identifier.doi 10.1596/1813-9450-7851
okr.identifier.externaldocumentum 090224b084e4d07e_3_0
okr.identifier.internaldocumentum 26843274 WPS7851
okr.imported true
okr.language.supported en
okr.pdfurl en
okr.topic Finance and Financial Sector Development :: Strategic Debt Management
okr.topic Finance and Financial Sector Development :: Capital Markets and Capital Flows
okr.topic Finance and Financial Sector Development :: Finance and Development
okr.topic Finance and Financial Sector Development :: International Financial Markets
okr.topic Finance and Financial Sector Development :: Public & Municipal Finance
okr.topic Macroeconomics and Economic Growth :: Fiscal & Monetary Policy
okr.unit Finance and Markets Global Practice Group
relation.isAuthorOfPublication 8c27f9ff-0faa-5efd-b722-9b63c0b881ec
relation.isAuthorOfPublication f29828ae-9fb1-59f8-a8b1-9e9275acebd2
relation.isSeriesOfPublication 26e071dc-b0bf-409c-b982-df2970295c87
Original bundle
Now showing 1 - 2 of 2
No Thumbnail Available
English Text
158.61 KB
Plain Text
Thumbnail Image
English PDF
1.12 MB
Adobe Portable Document Format
English PDF
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
1.71 KB
Plain Text