Azalea co-investment and growth funds surpass US$200m target at close

It drew a range of investors.

Private equity investor Azalea announced its co-investment and growth funds surpassed the US$200m target at closing.

Altrium Co-Invest Fund I (ACF I) and Altrium Growth Fund I (AGF I) closed with US$268m and $212m, respectively.

ACF I enables co-investments in resilient companies, whilst AGF I gives access to top-tier early-stage growth funds.

Azalea's funds drew a range of investors, including private banks, family offices, external asset managers and high-net-worth individuals from Singapore, Hong Kong, Japan, Korea and the Middle East.

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