Creative Artists Agency (CAA) in Century City has received an investment from Singapore-based investment company Temasek. The company has a net portfolio value of nearly $200 billion according to the LA Business Journal.
With investments in Alibaba Group and Airbnb among others, Temasek has considerable experience in the telecommunications, media and technology sectors.
“As one the most successful and sophisticated investors in the world, Temasek provides an extraordinary level of insight and resources as we continue to provide the best opportunities for the company and our clients,” said CAA President Richard Lovett in a statement.
