Sovereign Investors Are on the Hunt for Silicon Valley Unicorns

Published on 12 May, 2017

"Valuations can ramp up very quickly," said Nikhil Salvi, a manager at Aranca, an investment research and analytics firm. "SWFs are willing to put small stakes in a lot of companies with the expectation that one or two might become outsize successes - that can change the portfolio return quite dramatically."