13 June 2014

Kingdom Holding Company and Caisse des Dépôts Group form investment partnership

Kingdom Holding Company and Caisse des Dépôts Group form investment partnership
Private Equity Wire
13/06/2014
Kingdom Holding Company (KHC) and Caisse des Dépôts International Capital (CDCIC) have signed
a memorandum of understanding to establish an investment vehicle seeking to develop Saudi projects
and ventures.
The KHC-CDCIC platform will help advance bilateral economic co-operation and trade and to facilitate
access to long‐term capital in both countries by companies engaged in economic cooperation between
Saudi Arabia and France.
To advance this partnership, a working group was formed, co-chaired by HRH Prince Al Waleed Bin
Talal Bin Abdulaziz Al Saud, chairman of KHC and Laurent Vigier, CEO of CDCIC.
The partnership will seek attractive investments across a broad range of sectors and asset classes,
with strong focus on opportunities promoting economic cooperation between the two countries and
contributing to the growth and prosperity of both economies.