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Caisse des Dépôts and its subsidiaries form a public group serving the general interest and economic development of local areas. Caisse des Dépôts is a special public institution founded by the Act of 28 April 1816. The Law has particularly tasked Caisse des Dépôts with managing deposits and making long-term investments in companies to contribute to their development. Its mission was reaffirmed by the Act of 4 August 2008 bearing on modernisation of the economy.