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PRINT THIS PAGE French state, Caisse des Dépôts and the EIF launch €150m technology fund of funds14/10/2005. Source: AltAssets. 
 The French state, Caisse des Dépôts and the EIF, EIB Group's specialist venture capital arm, have launched a new technology fund of funds, called Fonds de Fonds Technologique.
The new fund will take participations in venture capital funds that invest in technology firms. Its purpose is to provide additional capital to finance the setting-up and development of innovative SMEs and also to enhance the venture capital market by both bolstering existing funds and facilitating the creation of new funds.
A total of €150m has been contributed in equal parts by the French state, Caisse des Dépôts and the EIF.
Fonds de Fonds Technologique will be managed by the investment capital subsidiary of Caisse des Dépôts, CDC Entreprise.
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