Temasek-backed k1 Ventures completes Guggenheim exit for $221m

Temasek-backed k1 Ventures completes Guggenheim exit for $221m

A man checks his phone at the entrance of the Singapore Exchange Ltd. (SGX) headquarters in Singapore. Photographer: Ore Huiying/Bloomberg

Singapore-listed investment holding company k1 Ventures has announced the completion of its exit from Chicago-based financial services and investment management holding company Guggenheim Capital for about $221 million.

“Following the completion of the Guggenheim disposal, the company has disposed of all or substantially all of its assets and property,” k1 Ventures said in an announcement at the SGX this Sunday.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter