True Light announces closure of its fund at $4.5b

The fund will support True Light and Temasek’s joint investment projects.

True Light Capital Pte. Ltd. (True Light) announced the final closing of its first flagship fund, True Light Fund I at $4.5b, with capital commitments from global investors, including sovereign wealth funds, foundations, financial institutions, and family offices.

The fund invests alongside Temasek in high-quality investment opportunities that have a major business relationship with Greater China. True Light Fund I invests directly in private and public equity as well as indirectly through private equity and venture funds.

The fund employs a theme-driven, multi-sector approach, with key sectors including Life Sciences, Technology, Consumer, Industrials and Business Services.

“True Light is positive about China's long-term fundamentals and outlook, and we continue to see attractive investment opportunities aligned with the four long-term structural trends of Digitisation, Longer Lifespans, Sustainable Living and Future of Consumption," Yeo Chee Kian, CEO of True Light said.

True Light was established in 2021, as an Asset Under Management to broaden its business ecosystem and provide partners with the opportunity to invest in structural trends in China.

Follow the link for more news on

Temasek Holdings

investment fund

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.

The options 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. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.

So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. 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