Founded by Temasek, Azalea was established with the mission to broaden investors’ access to private equity (“PE”)

Azalea issued Astrea III, marking the debut of listed PE bonds. This launch  offered investors  investment grade bonds providing regular distributions and exposure to PE

With the launch of Astrea IV, Azalea introduced the first listed PE bonds for retail investors in Singapore. This platform democratized PE investments, allowing participation with a minimum of S$2,000

Azalea moved into our new office at Guoco Tower

Azalea closed Altrium PE Fund I, our inaugural PE Fund of Funds, securing US$650 million in commitment

Azalea became a signatory to the United Nations Principles for Responsible Investment (“UNPRI”), the world's leading proponent of responsible investment, affirming Azalea’s commitment to sustainability

Astrea 7 introduced the first USD-denominated Class B Bonds for retail investors, with a minimum of US$2,000

Azalea launched Altrium Sustainability Fund I (“ASF I”), our first Fund of Funds focused on investments to achieve positive environmental and social outcomes alongside private equity financial returns

Azalea achieved full redemption of the Astrea IV PE Bonds, successfully meeting all obligations to bondholders 5.5 years post-issuance

The inaugural closings of Altrium Co-Invest Fund I and Altrium Growth Fund I were met with success, raising a combined US$356 million

Azalea hosted our first investor conference, bringing together over 230 like-minded institutions, family offices, and partners to discuss latest trends and developments in private markets