– Azalea Investment Management has raised more than US$1 billion in new capital commitments across three private equity offerings.
– Altrium Private Equity Fund III reached a US$526 million final close in June 2026.
– Altrium Co-Invest Fund II held a US$210 million first close in July 2026.
– Azalea All Access, the firm’s first evergreen private equity fund, launched with US$350 million in initial commitments.
– The fundraising reflects continued investor confidence in Azalea’s investment capabilities and its role in broadening access to private equity.
– Altrium III provides diversified exposure to global mid-market buyouts and secondaries, with strong re-up participation and an expanding international investor base across Asia and the UK.
– ACF II provides access to co-investments alongside experienced PE managers, targeting market-leading businesses with durable sector tailwinds or resilience across economic cycles.
– CEO and CIO En Yaw Chue said the strong support demonstrates confidence in Azalea’s ability to identify attractive PE opportunities and build resilient portfolios.
– Managing Director Pauline Phua, CFA, CAIA said Azalea’s longstanding relationships provide access to differentiated PE strategies that can be difficult for investors to access directly.
– Azalea Group, is a wholly-owned subsidiary of Azalea Asset Management Pte. A wholly-owned subsidiary of Seviora Holdings which is in turn wholly-owned by Temasek.
