Temasek takes private equity CFO to next stage

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By Addison Gong
07 Jun 2018

Temasek Holdings returned to the securitization market this week after a two year hiatus to woo investors into private equity funds-backed Astrea IV. Institutional investors are already in the bag. The focus now is on winning over retail accounts — the first time such a deal has been open to the city-state’s public, writes Addison Gong.

Astrea IV is a collateralised fund obligation (CFO) backed by a portfolio of 36 PE funds managed by 27 general partners, with 596 underlying investments. The sponsor, Astrea Capital Holdings, is wholly owned by Azalea Asset Management, which in turn is an indirect wholly owned subsidiary of Singapore ...

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