France's Caisse d'Epargne, one of the country's largest banking and savings groups, has launched the first ever French investment fund dedicated to investing in public to private partnerships.

The fund, which will have an initial €170m ($200m) financing from different arms of the Caisse d'Epargne group, including Ixis Corporate & Investment Bank and Crédit Foncier, the real estate financing division, will invest in infrastructure projects of around €100m each.