Milestones

Mr Chue En Yaw succeeded Ms Margaret Lui as Chief Executive Officer of Azalea, while retaining his Chief Investment Officer responsibilities

Azalea marked a decade of broadening access to PE for a wider group of investors, commemorating the milestone with an appreciation dinner attended by investors, industry partners and staff

Altrium Co-Invest Fund I ("ACF I") and Altrium Growth Fund I ("AGF I") successfully raised a combined US$480 million, surpassing target fund sizes

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

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

Azalea closed 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, securing US$150 million in commitment

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

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

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

Azalea moved into our new office at Guoco Tower

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

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