Agence des participations de l'État

Agence des participations de l'État (APE, lit. 'State Participations Agency'), created in 2004 under the government of Jean-Pierre Raffarin, is the French agency responsible for managing the State's shareholdings in companies of strategic importance. As of 2021, APE has €685.3 billion worth of assets under management, which includes investments in companies involved in energy, industry, defence, transport, communication and finance, among others.

Agence des participations de l'État
Government agency overview
Formed2004
JurisdictionFrance
MottoIncarner l'État actionnaire
Employees53 (2018)
Minister responsible
  • Ministry of the Economy and Finance
Websiteeconomie.gouv.fr/ape
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