Sovereign Wealth Funds Tune in to Kuaishou Technology
Posted on 01/25/2021
Chinese short-video platform Kuaishou Technology’s US$ 5.4 billion initial public offering locked in to 10 cornerstone investors. The 10 companies will put in a combined US$ 2.45 billion, according to the term sheet. U.S.-based institutional investors have agreed to invest US$ 1.39 billion. Los Angeles-based Capital Group is the biggest cornerstone investor with US$ 500 […]
