Each party has committed US$50 million ($67.9 million) to kick-start the fund.
Singapore-based private equity (PE) manager Azalea Investment Management has launched its first sustainability fund on March 30, the Altrium Sustainability Fund I.
The fund, which will invest in environmental, social and governance (ESG) focused opportunities, is co-seeded by the manager’s sponsor, Azalea Group, as well as Singlife with Aviva.
