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BT EXCLUSIVE: STARTUPS

S-E Asian unicorn secondaries sought amid IPO drought

BT EXCLUSIVE: STARTUPS

S-E Asian unicorn secondaries sought amid IPO drought

Investors face pressure to cash out of early bets, while family offices and HNWIs seek exposure to the brave new world of tech unicorns
5 -min read
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Investors face pressure to cash out of early bets, while family offices and HNWIs seek exposure to the brave new world of tech unicorns
5 -min read
Listen to this article

Singapore

FANCY a slice of super-app player Grab, but can't get into one of its blockbuster funding rounds? More investors are gaining access to South-east Asian unicorns via the growing market for their secondary shares, which is in turn supported by a lack of unicorn exits, industry...