Singapore Sovereign Wealth Fund Invests in PE-Backed High-Speed Trading Firm

Posted on 12/08/2014


Singapore’s Temasek Holdings is investing in a stake in New York-based Virtu Financial LLC, a high-frequency trading firm. Virtu Financial postponed its initial public offering (IPO) after Michael Lewis’ release of his book “Flash Boys: A Wall Street Revolt.” Temasek is acquiring an approximate 10% stake from Silver Lake Partners for around US$ 180 million. […]