Singapore government owned fund Temasek Holdings Pte will pay about $180 million for a minority stake in US-based electronic dealing firm Virtu Financial Inc, executives familiar with the details of the transaction said.
Temasek will make a minority investment in Virtu by purchasing a portion of the equity investment held by Silver Lake, which will continue to be a minority shareholder in Virtu, the New York-based company said without disclosing the price or other terms of the transaction.