Temasek explains, may expand SeaTown role
As part of the release of its annual report, Singapore SWF Temasek Holdings has publicized further details of its new semi-autonomous investment arm SeaTown Holdings, reported as registered in February this year, and may expand the S$4 billion ($2.9 billion) vehicle to pursue more co-investments.
Simon Israel, Temasek executive director, emphasized that SeaTown is intended as an international investment company rather than a hedge fund, and Temasek's annual report describes it as "a co-investment...
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