# Caisse des Dépôts et Consignations

Caisse des Dépôts et Consignations is a Sovereign Wealth Fund based in Paris, France.

## Overview

- **Organization type:** Sovereign Wealth Fund
- **Headquarters:** Paris, France
- **Region:** Europe
- **Address:** Paris, France
- **Founded:** 1816
- **Assets under management:** 843500 (Altss estimate)
- **Website:** caissedesdepots.fr
- **LinkedIn:** https://www.linkedin.com/company/groupe-caisse-des-d

## Regulatory record

- **Reports private funds:** No

## About

Caisse des Dépôts et Consignations was created as a state-owned public financial institution. The French Republic acts as founder and places the entity under the supervision of the French Parliament. The firm deploys capital into real estate and venture capital. Confirmed holdings include CDC Habitat Portfolio in France, Icade Portfolio in Île-de-France, and Les Quinconces in Saint-Ouen-sur-Seine. It also maintains forestry assets in France and positions such as LiquidShare. Geographic exposure centers on France with additional commercial assets in the United Kingdom and Denmark. The firm jointly owns Bpifrance with the French State to support SME financing. It maintains memberships in the Net Zero Asset Owner Alliance and the Long-Term Investors Club. No dated operational events from the last 24 months appear in available records.

## Sectors

- Real Estate
- Infrastructure
- Energy Transition & Renewables
- AI/ML
- Private Credit
- Venture Capital (General)
- Forestry
- Affordable Housing
- Public Finance

## People

- French Republic — Founder

## Questions

### Where does Caisse des Dépôts' capital come from?

CDC's balance sheet is primarily funded by regulated French savings deposits, including the Livret A, LEP, and LDD accounts, as well as pension and social security reserves. These deposits are centrally held and guaranteed by the French Parliament, creating a funding base distinct from both tax revenue and standard sovereign borrowing.

### What is CDC's relationship with Bpifrance?

Bpifrance is jointly owned by Caisse des Dépôts and the French state, serving as the primary vehicle for domestic SME equity financing, innovation grants, and export credit. CDC's 50% stake makes Bpifrance its principal conduit for venture capital and growth equity exposure in France, rather than running a wholly internal tech investment program.

### Does CDC invest outside of France?

While the majority of its €844 billion balance sheet is deployed domestically — in social housing, infrastructure, and territorial development — CDC holds international real estate positions in cities such as London and Copenhagen, and participates in cross-border organizations like the Long-Term Investors Club and the Institutional Investors Group on Climate Change.

## Related profiles

- [Abu Dhabi Investment Authority](https://altss.com/profile/abu-dhabi-investment-house)
- [Allianz Group](https://altss.com/profile/allianz-group)

---

Last updated: 2026-07-06T00:31:56.141Z

Canonical page: https://altss.com/profile/caisse-des-d-p-ts-et-consignations-cdc

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology