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Sovereign Wealth Funds Briefing - Categorized | Investment, Market, Trends

The daily start-up: Singapore to the rescue!

Posted on 10 November 2010

From WSJ: Even Captain America, Hulk and Iron Man need financing to battle evil-doers. Singapore to the rescue! The city-state’s $101 billion sovereign wealth fund, Temasek Holdings, led a $60 million investment in Gazillion Entertainment, the California publisher of child-friendly massively multiplayer online games.
Gazillion, which offers games such as LEGO Universe, has partnered with comic book publisher Marvel Comics to release titles such as “Marvel Super Hero Squad Online” and “Marvel Universe.” The company’s investors include Founders Fund, Hearst Interactive Media, Oak Investment Partners, Pelion Venture Partners and Revolution Ventures……………………………………….Full Article: Source

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