Azalea raises over $1.27b across three private equity funds

Fundraising includes the group’s first evergreen PE fund.

Azalea Investment Management has raised more than $1.27b (US$1b) in new capital commitments across three private equity offerings.

The fundraising includes the $668.02m (US$526m) final close of Altrium Private Equity Fund III, the $266.7m (US$210m) first close of Altrium Co-Invest Fund II, and over $444.5m (US$350m) in initial commitments for its first evergreen private equity fund.

Altrium III completed its final close in June, targeting institutional and accredited investors and providing exposure to mid-market buyouts and secondaries globally.

The group said it received commitments from returning investors and investors from markets such as Hong Kong, Taiwan, South Korea, Malaysia, and the UK.

Meanwhile, Altrium Co-Invest Fund II held its first close at $266.7m (US$210m) in July. It provides investors with access to co-investments alongside private equity managers.

Its evergreen private equity fund, Azalea All Access, invests in a diversified portfolio of private equity secondaries and co-investments and uses a fully paid-in investment model.

The fund offers monthly subscriptions and quarterly redemptions, alongside the option for periodic distributions.

$1 = US$0.79

You're the reader we write for. You're also the person our partners want to reach.

If that sentence describes you — a founder, a C-suite, someone whose attention companies pay good money for — then you already understand why SBR works. We've spent twenty years earning the trust of readers exactly like you. Which is exactly what makes this an interesting place for your company to show up, too.

The ways it can show up are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The right fit depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If your company has something this audience should know about, we'd like to hear what you're working on.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia