Singapore's Azalea launches sustainability fund-of-funds
Temasek Holdings-owned Azalea Investment Management has launched its first sustainability fund-of-funds, which will target opportunities that deliver positive environmental and social outcomes alongside private equity-style financial returns.
The firm did not disclose how much it is looking to raise for Altrium Sustainability Fund I (ASF I). However, parent company Azalea Group and local financial services player Singlife with Aviva will each...
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