Asset Management /
Wealth Management
Azalea funds raise US$480 million, beating targets
Firm’s wide networks and Temasek ecosystem help funds draw diverse group of investors
Tom King
2 Oct 2024
Singapore-based Azalea Investment Management has closed its Altrium Co-Invest Fund I ( ACF I ) and Altrium Growth Fund I ( AGF I ). ACF I raised US$268 million and AGF I closed with US$212 million in commitments, both surpassing their target fund size of US$200 million each.
