[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-113207-en":3,"doc-seo-113207-105":29,"detail-sidebar-cat-0-en-105":91},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":4,"category_id":11,"category_name":12,"doc_title":13,"doc_description":14,"doc_content":15,"file_id":16,"file_url":17,"file_type":18,"file_size":19,"view_count":20,"is_deleted":4,"is_public":20,"is_downloadable":20,"audit_status":20,"page_count":21,"language":22,"language_code":23,"site_id":24,"html_lang":23,"table_of_contents":25,"faqs":26,"seo_title":13,"seo_description":14,"update_tm":27,"read_time":28},113207,549758252649,"Ivy","https://ap-avatar.wpscdn.com/avatar/8000253669c5317157?_k=1778319167496531819",8,"Research & Report","Strategic Investment Funds - Establishment and Operations","Strategic Investment Funds: Establishment and Operations presents the design choices, legal foundations, governance structures, and investment-and-risk management approaches for strategic investment funds. The work explains what a strategic investment fund is, outlines ownership and operational models, and examines macrofiscal and policy rationale. It also details how legal frameworks and private agreements shape fund creation, then covers key decision bodies and the investment policy, strategy, and risk management concepts used to guide operations.","Strategic Investment Funds  \nEstablishment and Operations  \nShanthi Divakaran, Håvard Halland, Gianni Lorenzato, Paul Rose, and Sebastian Sarmiento-Saher  \nINTERNATIONAL DEVELOPMENT IN FOCUS  \nStrategic Investment Funds  \nEstablishment and Operations  \nSHANTHI DIVAKARAN, HÅVARD HALLAND, GIANNI LORENZATO, PAUL ROSE, AND SEBASTIAN SARMIENTO-SAHER  \n© 2022 International Bank for Reconstruction and Development / The World Bank 1818 H Street NW, Washington, DC 20433  \nTelephone: 202-473-1000; [Internet: www.worldbank.org](Internet: www.worldbank.org)[ ](Internet: www.worldbank.org)Some rights reserved  \n1 2 3 4 25 24 23 22  \nBooks in this series are published to communicate the results of World Bank research, analysis, and operational experience with the least possible delay. The extent of language editing varies from book to book.  \nThis work is a product of the staff of The World Bank with external contributions. The findings, interpretations, and conclusions expressed in this work do not necessarily reflect the views of The World Bank, its Board of Executive Directors, or the governments they represent. The World Bank does not guarantee the accuracy, completeness, or currency of the data included in this work and does not assume responsibility for any errors, omissions, or discrepancies in the information, or liability with respect to the use of or failure to use the information, methods, processes, or conclusions set forth. The boundaries, colors, denominations, and other information shown on any map in this work do not imply any judgment on the part of The World Bank concerning the legal status of any territory or the endorsement or acceptance of such boundaries.  \nNothing herein shall constitute or be construed or considered tobe a limitation upon or waiver of the privileges and immunities of The World Bank, all of which are specifically reserved.  \nRights and Permissions  \nThis work is available under the Creative Commons Attribution 3.0 IGO license (CC BY 3.0 IGO) [http://](http://)[ ](http://)[creativecommons.org/licenses/by/3.0/igo. Under the Creative Commons Attribution license](creativecommons.org/licenses/by/3.0/igo. Under the Creative Commons Attribution license), you are free to copy, distribute, transmit, and adapt this work, including for commercial purposes, under the following conditions:  \nAttribution—Please cite the work as follows: Divakaran, Shanthi, Håvard Halland, Gianni Lorenzato, Paul Rose, and Sebastian Sarmiento-Saher. 2022. Strategic Investment Funds: Establishment and Operations. International Development in Focus. Washington, DC: World Bank. doi:10.1596/978-1-4648-1870-7.  \nLicense: Creative Commons Attribution CC BY 3.0 IGO  \nTranslations—If you create a translation of this work, please add the following disclaimer along with the attribution: This translation was not created by The World Bank and should not be considered an official World Bank translation. The World Bank shall not be liable for any content or error in this translation.  \nAdaptations—If you create an adaptation of this work, please add the following disclaimer along with the attribution: This is an adaptation of an original work by The World Bank. Views and opinions expressed in the adaptation are the sole responsibility of the author or authors of the adaptation and are not endorsed by The World Bank.  \nThird-party content—The World Bank does not necessarily own each component of the content contained within the work. The World Bank therefore does not warrant that the use of any third-partyowned individual component or part contained in the work will not infringe on the rights of those third parties. The risk of claims resulting from such infringement rests solely with you. If you wish tore-use a component of the work, it is your responsibility to determine whether permission is needed for that re-use and to obtain permission from the copyright owner. Examples of components can include, but are not limited to, tables, figures, or im","cbCaidh5J96k3lup","https://ap.wps.com/l/cbCaidh5J96k3lup","pdf",43169222,1,337,"English","en",105,"# Acknowledgments\n# About the Authors\n# Executive Summary\n# Abbreviations\n# Chapter 1 Introduction\n## Context\n## Objective and methodology\n## Structure\n# Part 1 Design of Strategic Investment Funds\n## Chapter 2 Overview of Strategic Investment Funds\n## Chapter 3 Legal Framework\n## Chapter 4 Governance\n## Chapter 5 Investment and Risk Management","[{\"question\":\"What does the document cover about establishing strategic investment funds?\",\"answer\":\"It explains the design of strategic investment funds, including preparatory studies and the key considerations before establishment, plus an overview of operational and ownership models.\"},{\"question\":\"What legal elements are discussed for strategic investment funds?\",\"answer\":\"The document describes the legal framework for SIFs and how private agreements interact with domestic, supranational, and international laws.\"},{\"question\":\"How are governance and investment risk management approached?\",\"answer\":\"It outlines governance challenges, identifies decision-making bodies and their roles, and presents investment policy and strategy components alongside a risk management framework with key concepts.\"}]",1784501449,849,{"code":4,"msg":30,"data":31},"ok",{"site_id":24,"language":23,"slug":32,"title":13,"keywords":33,"description":14,"schema_data":34,"social_meta":86,"head_meta":88,"extra_data":90,"updated_unix":27},"strategic-investment-funds-establishment-and-operations","",{"@graph":35,"@context":85},[36,53,68],{"@type":37,"itemListElement":38},"BreadcrumbList",[39,43,47,50],{"item":40,"name":41,"@type":42,"position":20},"https://docshare.wps.com","Home","ListItem",{"item":44,"name":45,"@type":42,"position":46},"https://docshare.wps.com/document/","Document",2,{"item":48,"name":12,"@type":42,"position":49},"https://docshare.wps.com/document/research-report/",3,{"item":51,"name":13,"@type":42,"position":52},"https://docshare.wps.com/document/strategic-investment-funds-establishment-and-operations/113207/",4,{"url":51,"name":13,"@type":54,"author":55,"headline":13,"publisher":57,"fileFormat":60,"inLanguage":23,"description":14,"dateModified":61,"datePublished":62,"encodingFormat":60,"isAccessibleForFree":63,"interactionStatistic":64},"DigitalDocument",{"name":9,"@type":56},"Person",{"url":40,"name":58,"@type":59},"DocShare","Organization","application/pdf","2026-07-20","2026-07-19",true,{"@type":65,"interactionType":66,"userInteractionCount":20},"InteractionCounter",{"@type":67},"ViewAction",{"@type":69,"mainEntity":70},"FAQPage",[71,77,81],{"name":72,"@type":73,"acceptedAnswer":74},"What does the document cover about establishing strategic investment funds?","Question",{"text":75,"@type":76},"It explains the design of strategic investment funds, including preparatory studies and the key considerations before establishment, plus an overview of operational and ownership models.","Answer",{"name":78,"@type":73,"acceptedAnswer":79},"What legal elements are discussed for strategic investment funds?",{"text":80,"@type":76},"The document describes the legal framework for SIFs and how private agreements interact with domestic, supranational, and international laws.",{"name":82,"@type":73,"acceptedAnswer":83},"How are governance and investment risk management approached?",{"text":84,"@type":76},"It outlines governance challenges, identifies decision-making bodies and their roles, and presents investment policy and strategy components alongside a risk management framework with key concepts.","https://schema.org",{"og:url":51,"og:type":87,"og:title":13,"og:site_name":58,"og:description":14},"article",{"robots":89,"canonical":51},"index,follow",{"doc_id":7,"site_id":24},{"code":4,"msg":5,"data":92},[93,97,101,105,110,115,120,123,128,131,135],{"id":20,"doc_module":4,"doc_module_name":45,"category_name":94,"show_sort_weight":95,"slug":96},"Story & Novel",90,"story-novel",{"id":46,"doc_module":4,"doc_module_name":45,"category_name":98,"show_sort_weight":99,"slug":100},"Literature",80,"literature",{"id":52,"doc_module":4,"doc_module_name":45,"category_name":102,"show_sort_weight":103,"slug":104},"Exam",70,"exam",{"id":106,"doc_module":4,"doc_module_name":45,"category_name":107,"show_sort_weight":108,"slug":109},5,"Comic",60,"comic",{"id":111,"doc_module":4,"doc_module_name":45,"category_name":112,"show_sort_weight":113,"slug":114},6,"Technology",50,"technology",{"id":116,"doc_module":4,"doc_module_name":45,"category_name":117,"show_sort_weight":118,"slug":119},7,"Healthcare",40,"healthcare",{"id":11,"doc_module":4,"doc_module_name":45,"category_name":12,"show_sort_weight":121,"slug":122},30,"research-report",{"id":124,"doc_module":4,"doc_module_name":45,"category_name":125,"show_sort_weight":126,"slug":127},9,"Religion & Spirituality",20,"religion-spirituality",{"id":126,"doc_module":4,"doc_module_name":45,"category_name":129,"show_sort_weight":126,"slug":130},"World Cup","world-cup",{"id":132,"doc_module":4,"doc_module_name":45,"category_name":133,"show_sort_weight":132,"slug":134},10,"Lifestyle","lifestyle",{"id":136,"doc_module":4,"doc_module_name":45,"category_name":137,"show_sort_weight":106,"slug":138},19,"General","general"]