Temasek unit targets $500m PE fund-backed bond issue
Retail investors in Singapore will be able to get exposure to the Temasek Holdings private equity portfolio through a $500 million bond issuance backed by 36 funds, including vehicles managed by The Blackstone Group, KKR, Silver Lake Partners, and TPG Capital.
This will be the fourth time that Temasek – via Azalea Asset Management, a wholly-owned subsidiary that has an independent board and management – has opened up its portfolio to outside investors. The...
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