Tag: wealth funds

Sovereign wealth funds throwing lifeline to over valued tech firms

Sovereign wealth funds throwing lifeline to over valued tech firms

Written by on June 8, 2016 in News with 0 Comments

FRANKFURT/SINGAPORE (Reuters) – A succession of funding deals by deep-pocketed sovereign wealth funds have thrown a life preserver to some of the world’s biggest private tech firms whose high valuations have come under scrutiny in the past year. Saudi Arabia and other Gulf States along with state-backed investors in Singapore and China have ploughed money […]

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