The Federal Holding and Investment Company (SFPI-FPIM) was created in November 2006 as a merger between the Federal Participation Company and the Federal Investment Company. SFPI-FPIM centrally manages the federal government’s shareholdings, cooperates with the government on specific projects and pursues its own investment policy in the interests of the Belgian economy. The core business of the SFPI-FPIM is investing in companies with an attractive social value and acquiring equity in companies that are of strategic importance as far as federal policy is concerned. SFPI/FPIM manages a portfolio of financial assets valued at US$ 2.1 billion spread across 132 different securities groups as of December 2020.