Silver Lake was labeled the ‘Warren Buffett of tech’ for investing billions during the pandemic. It’s emulating Buffett again with its new 25-year strategy
September 30, 2020 | technology | No Comments
- Silver Lake is launching a 25-year investment strategy, The Wall Street Journal reported on Tuesday.
- The private-equity giant is becoming even more like Warren Buffett with its longer investing timeframe.
- Silver Lake has invested billions of dollars in Twitter, Airbnb, Expedia, and other businesses during the pandemic, similar to how Buffett handed cash to the likes of Goldman Sachs and General Electric during the 2008 financial crisis.
- The firm has also emulated Buffett by lending money at lofty interest rates and securing equity warrants.
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Silver Lake pulled from Warren Buffett’s playbook when it injected cash into ailing companies during the coronavirus crash this year. The private-equity giant is emulating the famed investor once again with the launch of a 25-year investment strategy.
Abu Dhabi’s sovereign-wealth fund, Mubadala, is acquiring a sub-5% stake in Silver