Profile
Set up in 2015, Azalea is a wholly-owned subsidiary of Seviora, and indirectly owned by Temasek Holdings (Private) Limited. Azalea is in the business of investing in private equity (“PE”), with a focus on the development and innovation of new investment platforms and products. Its goal is to bring private assets to a wider investor base through a phased approach, starting with PE. It is also committed to educating the investing public.
One such innovation is the Astrea Platform, a series of investment products based on diversified portfolios of PE funds. It represents a phased approach to develop products for long term minded Singapore retail investors to co-invest in private equity with Azalea. Started in 2006, there are nine in the series to date, with Astrea 9 being the latest addition to the Astrea Platform.
Besides the Astrea PE Bonds, Azalea Investment Management Pte. Ltd., the management arm of the Azalea Group, also manages other PE fund products through its Altrium platform, that allows accredited investors to co-invest with Azalea and access strong performing PE fund managers globally, while at the same time helping investors overcome traditional challenges in accessing PE.
Industry
Azalea Funds
| Name | Type |
|
|
|
Size | AUM | Launch date |
|---|---|---|---|---|---|---|---|
|
Altrium I
|
Private Equity (PE)
|
Financial Services
Healthcare Services
SaaS
Software
Technology
|
Pre-seed
Seed
|
North America
Europe
|
$5-10 m
|
$650 M
|
December 2019
|
|
Altrium II
|
Private Equity (PE)
|
Consumer Products
Consumer Services (B2C)
Financial Services
Fintech
Healthcare Services
Software
Technology
Logistics
|
Series B
|
North America
Europe
Asia
|
$5-10 m
|
$805 M
|
January 2022
|
|
Altrium Growth Fund I
|
Private Equity (PE)
|
Financial Services
Fintech
Healthcare Services
SaaS
Software
Technology
|
Series B
|
North America
Asia
|
$5-10 m
|
$212 M
|
September 2024
|
|
Altrium Private Equity Fund III
|
Private Equity (PE)
|
Financial Services
Fintech
SaaS
Software
Technology
|
Series B
|
North America
Asia
|
$5-10 m
|
$262 M
|
April 2025
|
|
Azalea All Access
|
Private Equity (PE)
Fund of funds
|
Financial Services
|
Asia
|
$50-100 m
|
$350 M
|
July 2026
|
|
|
Evergreen Private Equity Fund
|
Private Equity (PE)
|
Financial Services
|
Late Stage (Series C+)
|
Asia
|
$100+ m
|
—
|
April 2026
|
Contacts
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