Azalea Investment Management

Azalea CEO Margaret Lui to retire; Chue En Yaw to become new CEO - THE EDGE SINGAPORE

New appointments

Azalea CEO Margaret Lui to retire; Chue En Yaw to become new CEO

Lui will serve as adviser to Azalea while Chue will retain his responsibilities as chief investment officer.
Azalea’s Altrium Co-Invest Fund I and Altrium Growth Fund I surpass target fund sizes at closing - THE EDGE SINGAPORE

Bonds and treasuries

Azalea’s Altrium Co-Invest Fund I and Altrium Growth Fund I surpass target fund sizes at closing

ACF I raised US$268 million ($345.0 million) while AGF I closed at US$212 million.

Bonds and treasuries

Temasek-backed Azalea launches Astrea 8 PE bond at 4.35% for SGD tranche

Astrea 8 has two classes of bonds, A-1 and A-2, which have a fixed interest rate of 4.35% and 6.35% p.a. respectively.

Bonds and treasuries

Astrea V Class A-1 bonds fully redeemed and bonus paid

Astrea V Class A-1 bonds fully redeemed, bonus paid.

Funds

Temasek’s Azalea raises US$356 mil for Altrium co-invest and growth funds in first closing

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

Environmental, Social and Governance

Azalea launches first sustainability fund with Singlife with Aviva as co-seed investor

Singlife with Aviva, together with sponsor Azalea Group, have each committed US$50 million ($67.9 million) to kick-start the fund.
Retail tranche of Astrea VI Private Equity Bonds receives over $784 million in applications - THE EDGE SINGAPORE

Bonds and treasuries

Retail tranche of Astrea VI Private Equity Bonds receives over $784 million in applications

The retail tranche of the Astrea VI Bonds had a subscription rate of 3.1 times.
Astrea VI private equity bonds' retail tranche interest rate set at 3% per annum - THE EDGE SINGAPORE

IPO

Astrea VI private equity bonds' retail tranche interest rate set at 3% per annum

The issuer notes that the combined placement orderbook stood at US$3.2 billion equivalent from 149 accounts.
Temasek establishes asset management group, offers multi-asset and multi-strategy investment expertise - THE EDGE SINGAPORE

Company in the news

Temasek establishes asset management group, offers multi-asset and multi-strategy investment expertise

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

All valid applicants of Astrea IV PE bonds to receive some allocation, say issuers

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.
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