Astrea VI’s total offering size of US$643 million ($866 million) is backed by cash flows amounting to US$1.5 billion generated from a diversified portfolio of 35 PE funds that are managed by 28 reputable general partners.
Azalea Asset Management, an indirectly-owned company of Temasek Holdings, is back on the market with a new listing: The Astrea VI Private Equity (PE) bond. This marks its fourth Astrea PE bond series and is the third to be listed on the Singapore Exchange.
Its first fund Astrea III, was launched in 2016, but was only made available to institutional and accredited investors. It subsequently launched Astrea IV in 2018, making its bonds available to retail investors for the first time. Astrea V was launched in the following year.
