Publication:
Strategic Investment Funds: Opportunities and Challenges
dc.contributor.author | Halland, Havard | |
dc.contributor.author | Noel, Michel | |
dc.contributor.author | Tordo, Silvana | |
dc.contributor.author | Kloper-Owens, Jacob J. | |
dc.date.accessioned | 2016-10-17T16:36:39Z | |
dc.date.available | 2016-10-17T16:36:39Z | |
dc.date.issued | 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.identifier | http://documents.worldbank.org/curated/en/2016/10/26843274/strategic-investment-funds-opportunities-challenges | |
dc.identifier.uri | http://hdl.handle.net/10986/25168 | |
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.rights.uri | http://creativecommons.org/licenses/by/3.0/igo/ | |
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 | |
okr.date.disclosure | 2016-10-05 | |
okr.doctype | Publications & Research | |
okr.doctype | Publications & Research :: Policy Research Working Paper | |
okr.docurl | http://documents.worldbank.org/curated/en/2016/10/26843274/strategic-investment-funds-opportunities-challenges | |
okr.identifier.doi | 10.1596/1813-9450-7851 | |
okr.identifier.externaldocumentum | 090224b084e4d07e_3_0 | |
okr.identifier.internaldocumentum | 26843274 | |
okr.identifier.report | WPS7851 | |
okr.imported | true | |
okr.language.supported | en | |
okr.pdfurl | http://documents.worldbank.org/curated/en/235311475681523659/pdf/WPS7851.pdf | 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 |
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