| Temasek Holdings, Singapore’s state-owned investment firm, will soon close a a new $150-million fund to invest in mature Israeli high-tech companies. Temasek Holdings will serve as the anchor investor with other investors joining the fund, DEALSTREETASIA has learnt.
The new fund is called the Red Dot fund, a nickname for the Southeast Asian city-state, and it will invest between $10 million and $15 million in each company in its portfolio. This fund is different from the vehicles used by Temasek Holdings‘ wholly owned investment arm – Vertex Venture Holdings...............................................Full Article: Source
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