Temasek Buys Stake in Italian Private Equity Firm FSI
Singapore state investor Temasek has acquired a nine percent minority stake in Milan-based private equity group FSI. The agreement strengthens their existing partnership and includes commitments of additional capital for future investments focused on Italian mid-sized businesses.
Xurve View
Insights:
Xurve View
Singapore state investor Temasek bought a 9% minority stake in Milan-based private equity group FSI on Monday morning, committing additional capital for future investments. The deal deepens Temasek's exposure to Italy and strengthens its partnership with a firm managing €5 billion ($5.7 billion). Temasek manages a global portfolio worth S$518 billion ($406 billion).
