Singapore's sovereign wealth fund to invest more in secondary market

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

Singapore News News

Singapore's sovereign wealth fund is looking to invest more in the secondary market, as other VC funds look to sell

GIC is not exposed to some of the usual pressures of running a VC investment fund. Most funds operate on cycles of roughly 8 to 10 years. At the end of those periods, there's often a rush to wrap up remaining startup stakes -- even if those businesses are not ready to sell or go public.

GIC, in contrast, has only one investor, the government of Singapore. There's no arbitrary end to its startup investment strategies, which means the fund can follow businesses throughout each stage of their evolution. Sign up for notifications from Insider! Stay up to date with what you want to know.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in SG

Singapore Singapore Latest News, Singapore Singapore Headlines