Temasek’s Azalea raises over US$1 billion despite ‘challenging’ environment for private equity

Temasek’s Azalea raises over US$1 billion despite ‘challenging’ environment for private equity

These stretch across three offerings, including its first evergreen PE fund Read more at The Business Times.

Azalea Raised More Than US$1 Billion Across Three PE Vehicles, Including an Evergreen:

HedgeCo.Net — Azalea Investment Management, the Temasek-owned PE access platform under Seviora, said Monday it has raised more than US$1 billion of new capital commitments across three private-equity offerings. The Business Times put the package at US$526 million from the final close of Altrium Private Equity Fund III, US$210 million from the first close of Altrium Co-Invest Fund II, and more than US$350 million from the launch of Azalea All Acc…

Azalea raises more than $1bn across three PE strategies

Singapore-based Azalea Investment Management has secured more than $1bn in new commitments across three private equity offerings, including the final close of its latest flagship fund and the launch of its first evergreen vehicle. The Temasek-backed private markets manager said it raised $526m for Altrium Private Equity Fund III, held a $210m first close for Altrium Co-Invest Fund II, and attracted more than $350m in initial commitments for Azal…

Azalea raises over $1.27b across three private equity funds

Azalea Investment Management has raised more than $1.27b (US$1b) across three private equity offerings.

Azalea raises $1bn across three PE products, but flagship fund size shrinks 35%

Temasek-backed Azalea Investment Management has raised more than $1bn across three private equity products, with the launch of its first evergreen vehicle helping offset a substantial reduction in the size of its latest flagship fund-of-funds. The post Azalea raises $1bn across three PE products, but flagship fund size shrinks 35% appeared first on AltAssets Private Equity News.