Tuesday, September 26, 2017

Creative Artists Agency Gets Major Funding From Temasek

The Creative Artists Agency (CAA), the entertainment and sports agency which also is an active investor and partner of technology and media companies here, said this morning that it has received a an investment from Temasek, the $200 billion Singapore investment company. Size of the investment round was not announced, however, CAA said TPG Capital is still has the majority position in the company. CAA said the funding will go towards funding growth, including acquisition. CAA has also recently received investments from Chinese media and entertainment fund CMC, Fubon Group, and Taiwan Mobile. CAA has been fairly active in investing in companies on the technology start-up and online media area, including in Southern California.

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