Temasek Unit Azalea Closes Atrium Private Equity Fund I

Posted on 12/12/2019


Singapore’s Temasek Holdings oversees a unit called Azalea, which raises funds to sell of its private equity holdings to retail investors and other types such as foundations and family offices. Azalea closed its fund called Atrium Private Equity Fund I, raising US$ 650 million, surpassing its target of US$ 400 million. Atrium has exposure to primary and secondary private equity buyout and growth equity funds from Europe, North America, and Asia.

Previously, Azalea closed a series of private equity fund of funds that were branded as Astrea.

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