Michigan Strategic Fund, $239 million of debt securities.

However, the cohesion policy must make investments effective, especially through strategic fund programming, thematic concentration of targets and simplification of implementation rules.

The Lexington Strategic fund was the best-performing mutual fund in 1993, as Mr. Bryan nimbly rode rising gold prices.

The program is patterned after a somewhat similar one in Michigan, where that state's Department of Commerce began building the Michigan Strategic Fund in 1987.

From the Department of Management and Budget, Michigan Next Energy Authority, Michigan Strategic Fund were transfer.

Under the direction of Roy Vermus as CEO beginning in 2006, Psagot grew to become Israel's largest investment firm through a series of strategic fund acquisitions.

Pansa is currently member of the Board of Feltrinelli Editore SpA and the Italian SpA Strategic Fund.

The Michigan Film Office is overseen by the Michigan Economic Development Corporation and is a benefactor of the Michigan Strategic Fund.

In December 2011 the airport, city, and township received Next Michigan Development Corporation - or aerotropolis - designation from the Michigan Economic Development Corporation Strategic Fund board.

The Michigan State Housing Development Authority (MSHDA) is a quasi-public agency of the U.S. state of Michigan under the umbrella of the Michigan Strategic Fund.

The Italian Strategic Fund, also known as the Fondo Strategico Italiano (FSI), was established in late July 2011 as a state-backed sovereign fund and is speculated to have an operating balance of €4 billion.

In May 2012, the Italian Strategic Fund stated that it would give financial backing to help fund a project that will bring fibre-optic cables to Italy's main cities, as part of the country's attempt to increase high-speed connectivity to the internet.

Last spring, believing that the bull market was nearing an end, the firm developed a group of funds called "flexible strategic funds" that differ from other mutual funds in that they have the freedom to move among the various sectors of the market whenever conditions change.

At the Strategic Fund, much of the 36.76 percent gain was attributable to a 100 percent move in ORS, an oil technology stock that represents 30 percent of the fund, said Leroy S. Brenna, chairman of the Dallas-based fund.

"We consider it a great success," said Mr. Morante, adding that only 5 percent of the money loaned out by banks in the Michigan program had been lost through defaults, and the bank losses were fully covered with money available in the Strategic Fund.

Thanks to the Delaware Strategic Fund, a state program that can provide economic incentives to companies thinking of moving to Delaware, Markell and his economic development team have also succeeded in attracting businesses such as Sanosil International and Testing Machines Inc.

The Brennan Center said yesterday that to clear up the matter, it had suspended its lobbying work in the city and that it would soon transfer that work to a new entity, the Brennan Center Strategic Fund, in which Mr. Schwarz will have no role.