The Business Times
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Strong response to new PE fund of funds by Azalea

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Published Thu, Dec 12, 2019 · 09:50 PM

Singapore

AZALEA Investment Management of the Temasek Group has raised US$650 million for its inaugural fund of funds product, surpassing its target of US$400 million.

The Altrium Private Equity Fund invests in primary and secondary PE funds in Europe, US and Asia, focusing on buyout and growth strategies.

Private equity

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