Azalea Investment Management

The PE investment manager plans to hold the final closings of the Altrium Co-Invest Fund I and Altrium Growth Fund I in 2024.

Singlife with Aviva, together with sponsor Azalea Group, have each committed US$50 million ($67.9 million) to kick-start the fund.

The retail tranche of the Astrea VI Bonds had a subscription rate of 3.1 times.

The issuer notes that the combined placement orderbook stood at US$3.2 billion equivalent from 149 accounts.

Seviora will serve as the operational holding company for four existing asset management companies currently under Temasek.

SINGAPORE (June 13): Issuers Astrea IV and Azalea Investment Management have allocated the Class A-1 Bonds, with all 25,660 valid applicants receiving some allocation.

SINGAPORE (June 13): Azalea Investment Management, a Temasek Holdings subsidiary, saw strong investor support for its Astrea IV Bonds – said to be the world’s first listed private-equity bond for retail investors.

SINGAPORE (June 8): Azalea Investment Management, a Temasek Holdings subsidiary, has launched what is believed to be the world’s first listed private-equity bond for retail investors. And the move could add more variety to Singapore’s stock market.