“Globally, growth-stage capital has tightened. As a result, many firms, especially those in deep tech, find it harder to raise the larger and longer-term funding needed to scale,” said PM Lawrence Wong.
SAF typically gives emerging managers locked-up startup capital in the region of US$150 million, in exchange for a cut of their revenue
The Swiss bank plans to add “2,000 professionals in the coming months” at the new facility
