Hamiyeh was recently appointed to lead Temasek Global Investments, which managed $155 billion in assets as of March, around 36% of the firm’s portfolio. The new entity will start operations on April 1 as part of a broader reorganisation.
Temasek Holdings Pte will largely avoid making smaller deals in Europe as it looks to manage fewer positions in a challenging era for investing, according to its regional head Nagi Hamiyeh.
The Europe, Middle East and Africa arm of the Singapore state-owned investor will favour a “sweet spot” of transactions ranging from around €500 million to €1 billion ($590 million to $1.2 billion), Hamiyeh said in an interview in Paris.
