Singapore’s Temasek cuts back on start-up investments

Singapore’s Temasek cuts back on start-up investments

State-owned $300bn fund says it is adopting a ‘more cautious approach’ on early-stage companies

Latest Singapore six-month T-bill cut-off yield sinks to 2.05%

The cut-off yield for Singapore’s latest six-month Treasury bill (T-bill) dropped to 2.05 per cent, based on auction results released by the Monetary Authority of Singapore on Thursday (Jun 5).

Singapore's Temasek cuts back on startup investments after the fund wrote down hundreds of millions of dollars on a spate of collapsed startups, including FTX

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After losses in FTX, which went bankrupt in 2022, Temasek slashes early-stage startup investments by 88%

Temasek, Singapore's state investment firm, drastically reduces early-stage startup investments by 88% after the 2022 FTX collapse, opting for a more conservative investment strategy. This shift reflects a broader trend in venture capital, with fewer investors participating since 2021.

Temasek Slashes Investments in Early-Stage Companies by 88%

Singapore state-owned investment group Temasek reportedly slashed its investments in early-stage companies by 88% over a three-year period.

Singapore's Temasek throttles early stage startup support after $275M FTX writeoff

Singapore’s state fund Temasek has warned of reducing exposure to early-stage companies, after a series of bad investments. The new approach comes as a lesson from the implosion of the FTX exchange, where Temasek was one of the biggest investors.  The Singapore fund owned by the Ministry of Finance, will now de-risk by avoiding early-stage companies. The fund lost access to low interest rates after a series of bad investments.  FTX was a caution…