The Business Times
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Altrium PE fund of funds a hit among high net worth clients

Temasek subsidiary Azalea attracted capital commitments of US$650m for its first FoF targeted at the accredited investor market.

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Genevieve Cua

Genevieve Cua

Published Tue, Feb 4, 2020 · 09:50 PM

    Singapore

    IN a quiet launch last year, Azalea Investment Management, a subsidiary of Temasek Holdings, hit yet another milestone in its continuing efforts to innovate in the structuring of private equity (PE) funds.

    The firm attracted capital commitments of US$650 million for Altrium Private Equity Fund I over three months to early December, its first fund of funds product targeted at the accredited investor market.

    Private equitycredit suisse

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