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. […]
- Deals
- Flash Boys
- High Speed Trading
- high-frequency trading
- Silver Lake Partners
- Singapore
- Temasek Holdings
- Virtu Financial