Singapore's State-Owned Investment Firm Vertex Venture Holdings Raises Over $900M For Its Latest Fund
Source: benzinga.com
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Temasek Holdings Ltd., Singapore's state-owned investment firm, has raised over $900 million via its venture capital unit — Vertex Venture Holdings — for its latest fund, as reported by Nikkei Asia. Vertex, which oversees six funds focusing on early-stage investments and one for growth-stage support, is expected to reach its total fundraising goal of $1 billion in the coming months, according to CEO Chua Kee Lock. Don't Miss: Until 2016 it was illegal for retail investors to invest in high-growt