Caisse de Dépôt et de Gestion (CDG)

Caisse de Dépôt et de Gestion (CDG)

Caisse de Dépôt et de Gestion was created by the Moroccan State in 1959. It functions as a state-owned financial institution that collects and deploys savings for national development. The firm invests in infrastructure, real estate and early-stage venture capital. Confirmed holdings include the Atlantic Free Zone in Kénitra, the Zenata New City mixed-use project, the Agadir Desalination Plant and the Madaëf hotel portfolio across multiple Moroccan cities. It maintains co-financing relationships with the European Investment Bank and OCP Group and has partnered with Safran on an aircraft engine maintenance facility. Geographic focus remains Morocco with selective international co-investors. The firm reports an estimated $89.5 billion under management. It maintains membership in the International Forum of Sovereign Wealth Funds and the International Development Finance Club. No senior investment professionals are publicly named. CDG operates as a public development institution whose mandate and capital sources are defined by statute rather than private family succession.