Federale Participatie- en Investeringsmaatschappij

The Federale Participatie- en Investeringsmaatschappij (SFPIM) is Belgium's sovereign wealth fund, established to foster economic growth and employment within the country. SFPIM acts as a reliable partner for Belgian companies, including SMEs and scale-ups, by providing 'smart capital solutions' to help them become industry leaders. Additionally, SFPIM plays a crucial role in ensuring the long-term stability of the Belgian economy by anchoring strategic assets through investments in both emerging and established companies or ecosystems.

SFPIM's investment strategy focuses on six strategic sectors: finance, aeronautics, healthcare, impact investing, energy & utilities, and transport & mobility. Beyond these, the fund also emphasizes three enablers: sustainability, technology & infrastructure, and innovation & new economy. The fund offers various financing forms, including equity participation, convertible bonds, and co-investments, with investments typically ranging from €5 million to €50 million. While primarily focusing on Belgium, SFPIM may also invest abroad if the project has a Belgian connection.

SFPIM's portfolio includes a diverse range of companies and funds. Notable investments in the impact investing sector include Univercells, Regenero Impact Fund, Good Harvest Belgium I, and Biotalys. In the energy & utilities sector, SFPIM has invested in companies like Fluxys and Euronext. The fund also holds significant stakes in Belfius Bank and Belfius Insurance, both of which are fully owned by the Belgian government through SFPIM. This extensive portfolio reflects SFPIM's commitment to supporting a wide array of industries and contributing to the sustainable development of the Belgian economy.