Fund Management
What's New In Investments, Funds? – Azalea
The latest news in investment offerings, financial products and other services relative to wealth advisors and their clients.
Azalea Investment Management
Investors from Asia and the Middle East, including private banks
and family offices, have put money into two funds overseen by
Singapore-based Azalea
Investment Management.
Azalea has announced what it says is the successful final closings of Altrium Co-Invest Fund I and Altrium Growth Fund I.
ACF I raised $268 million and AGF I closed with $212 million in commitments, both surpassing their respective target fund sizes of $200 million.
ACF I enables investors to co-invest alongside top-performing private equity fund managers with proven ability to drive growth in companies that are recession resilient and have strong secular tailwinds. AGF I provides investors with privileged access to top-tier early-stage growth and venture capital funds.
Azalea Investment Management is the management arm of the Azalea Group. It is a wholly owned subsidiary of Azalea Asset Management Pte, which in turn is a wholly-owned subsidiary of Seviora Holdings. Seviora is owned by Temasek.
