Privatization fund explained

A Privatization fund is a state-owned trust (business) holding formerly state owned enterprises and assets destined to be privatized, to be sold to private owners.

Notable privatization funds include:

• the East-German Treuhandanstalt
• the Czech První Privatizacni Fond (PPF)
• the Croatian Privatization Fund (CPF)
• the Hellenic Republic Asset Development Fund (HRADF)
• the Hungarian State Privatization Agency Állami Vagyonügynökség
• the Philippine Asset Privatization Trust (APF)

Further reading

• Book: Hagopian, Matthew J.. The Engines of Privatization: Investment Funds and Fund Legislation in Privatizing Economies. Northwestern Journal of International Law & Business. 15. Fall 1994. 75 ff.
• Sunita Kikeri, John Nellis, Mary M. Shirley: Privatization: The Lessons of Experience, The World Bank, Washington D.C., 1992.