Milestones
Azalea's Journey Through The Years
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—2015
Azalea’s Inception
Founded by Temasek, Azalea was established with the mission to broaden investors’ access to private equity (“PE”)
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—2016
Astrea III: Launch of the First Listed PE bonds
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
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—2018
Astrea IV: Broadening PE Access for Retail Investors
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
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—2018
New Chapter at Guoco Tower
Azalea moved into our new office at Guoco Tower
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—2019
Altrium PE Fund I: Expanding Our PE Offerings
Azalea closed Altrium PE Fund I, our inaugural PE Fund of Funds, securing US$650 million in commitment
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—2021
Affirming Our Commitment to Sustainability
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
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—2022
Astrea 7: Expanding Options for Retail Investors
Astrea 7 introduced the first USD-denominated Class B Bonds for retail investors, with a minimum of US$2,000
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—2022
Sustainable Investing with Altrium Sustainability Fund I
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
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—2023
Full Redemption of Astrea IV
Azalea achieved full redemption of the Astrea IV PE Bonds, successfully meeting all obligations to bondholders 5.5 years post-issuance
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—2023
Inaugural Azalea Investor Conference
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
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—2023
ACF I & AGF I: Expanding the Portfolio
The inaugural closings of Altrium Co-Invest Fund I and Altrium Growth Fund I were met with success, raising a combined US$356 million
