Since fundraising commenced in mid-2023, ACF I successfully secured US$200 million in its first closing. Leveraging Azalea's extensive network and being part of the Temasek ecosystem, ACF I offers investors the opportunity to co-invest alongside renowned and high-performing private equity fund managers with strong operational and M&A capabilities.
Temasek’s Azalea Group has announced first closings of US$356 million ($473.6 million) for its Altrium Co-Invest Fund I (ACF I) and Altrium Growth Fund I (AGF I) in December last year.
Azalea focuses on the development and innovation of new investment platforms and products to make private equity (PE) accessible to a broader group of investors. Its Altrium programme, for instance, enables accredited investors to co-invest with Azalea, gaining access to top-performing global PE fund managers.
