Members

On April 20, 2009, Caisse des Dépôts, the European Investment Bank, Cassa depositi e prestiti and KfW Bankengruppe signed the founding Charter for the Long-Term Investors Club. In signing the Charter, the four large financial institution have taken a major step towards opening the Long-Term Investors Club to new members. Other long-term investment institutions, specifically those from developing countries, are invited to join this international cooperation initiative, which is intended to overcome any protectionist tendencies that may arise during this economic downturn.

Full members

Full members as of Monday, June 22nd, 2009 include:

• Caisse des Dépôts
• CDP (Cassa depositi e prestiti)
• China Development Bank (CDB), China
• Caisse de Dépôt et de Gestion (CDG), Morocco
• EIB (European Investment Bank)  
• KfW Bankengruppe
• Mubadala Development Company, United Arab Emirates
• Omers, Canada
• Vneshekonombank (VEB), Russia

Founding members

Caisse des Dépôts

A long-term investor serving the public interest and France's economic development

Caisse des Dépôts is a public financial institution that performs public-interest missions on behalf of France's central, regional and local governments.

Today, Caisse des Dépôts is:

• the leading administrator of French savings deposits and retirement savings funds and of private funds that are protected under French law;
• the leader in financing low-income housing in France and urban development;
• the long-term partner of local and regional governments
  • as an investor in local development projects,
  • through subsidiaries that provide regional development services (Transdev, Egis, Compagnie des Alpes and Belambra vvf), or are involved in real estate (Icade and Société Nationale Immobilière) and private equity investing (CDC Entreprises).
• Caisse des Dépôts is also a leading long-term institutional investor. Caisse des Dépôts is the leading shareholder in CNP (personal insurance). It also manages substantial portfolios of shares in listed companies, private equity investments (through its subsidiary CDC Capital Investissement) and real estate assets.

Caisse des Dépôts is present throughout France thanks to its regional offices, which work directly with local and regional governments, making the full range of Caisse des Dépôts's expertise and financing know-how available to them.

KfW Bankengruppe

KfW Bankengruppe gives impetus to economic, social and ecological development worldwide. As a promotional bank under the ownership of the Federal Republic and the Länder (federal states), it offers support to encourage sustainable improvement in economic, social, ecological living and business conditions, among others in the areas of small and medium-sized enterprise, entrepreneurialship, environmental protection, housing, infrastructure, education finance, project and export finance, and development cooperation.

CDP (Cassa Depositi e Prestiti)

Cassa Depositi e Prestiti (CDP SpA) was founded in 1850 as public administration and transformed into joint-stock company in 2003. It is controlled by the Italian State (70%), with the remainder of its capital held by a large group of bank Foundations.
CDP issues postal savings bonds and offers postal passbook savings accounts, distributed through the more than 14 thousand branches of the Italian Postal Service. These instruments are directly guaranteed by the Italian State.
CDP is a long term investor with the mission of financing the growth of the Country. Its main activities are:

• to provide public financing: it directly finances investments by the State, local authorities and other public entities. This activity represents a "general economic interest" service and is therefore conducted within a framework ensuring full transparency, accessibility and uniformity of treatment;

• to finance infrastructure and other operations of "general interest" in support of the economy;

• in cooperation with the banking system, granting of incentive to enterprises and strategically-important works and the provision of funding for the indirect support of SMEs;

• CDP also contributes to financial stability and European growth by working in partnership with other long-term European institutional investors.

EIB (European Investment Bank)

The European Investment Bank was created by the Treaty of Rome in 1958 as the long-term lending arm of the European Union. It is wholly owned by the EU's 27 member states.
The Bank aims to contribute towards the integration, balanced development and economic and social cohesion of the European Union by lending to projects furthering EU policy objectives. The EIB continuously adapts its activity to developments in EU policies.

The EIB:

• enjoys its own legal personality and financial autonomy within the EU
• operates in keeping with strict banking practice and in close collaboration with the wider banking community, both when borrowing on the capital markets and when financing capital projects.
• is the world's largest supranational borrower on capital markets