According to the joint release dated Nov 26, the integrated platform will be well-positioned to tap into global demand for growth opportunities in Asia. With Pavilion Capital’s track record in the Asian private equity space, the integration will help Seviora expand its investment capabilities with expertise in Asia-based private equity fund of funds, the release adds.
Pavilion Capital, which is wholly-owned and funded by Temasek, will join Seviora Group, also a wholly-owned subsidiary of Temasek in building an Asia-based asset management group.
The merged entity will raise Seviora’s combined assets under management (AUM) to US$72 billion ($94 billion) from US$63 billion as at Sept 30.
