Temasek’s SeaTown Plans to Raise $1.5 Billion for Credit Fund
- Temasek, affiliates to commit about $1b, people familiar said
- Spokespeople for both SeaTown and Temasek declined to comment
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SeaTown Holdings, indirectly owned by Temasek Holdings Pte., is planning to raise about $1.5 billion for its new Asia-focused private credit fund, people familiar with the matter said.
Singapore state investment firm Temasek and its affiliates plan to commit about $1 billion for SeaTown’s new private credit fund, launched late last year. An additional $500 million would be raised from external sources, the people said, requesting not to be named because the matter is private.