After adjusting for mark-to-market (MTM) NPV, Temasek would have reported an NPV of $420 billion for FY2024, up $9 billion from FY2023’s MTM NPV but down from about $438 billion seen in FY2022.
What is Temasek’s rationale for investing some 52% of its portfolio in the private markets and how does Temasek’s performance compare to that of its peers? The Edge Singapore goes behind the numbers and explores some of the biggest names in Temasek’s portfolio
Singapore-headquartered global investment firm Temasek on July 9 reported $389 billion in net portfolio value (NPV) for its investments in FY2024 ended March 31, up $7 billion from a year ago, or 1.83% higher y-o-y. However, this is below FY2022’s NPV of $403 billion.

