Print this article

What's New In Investments, Funds? – Azalea

Editorial Staff

2 October 2024

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 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.