24.06.2016 - Temasek draws diversified crowd to PE-backed CFO
Singapore sovereign investment arm Temasek Holdings executed a landmark transaction this week with its $1.1bn Astrea III securitization backed by cashflows generated by private equity funds. But despite the rarity of the deal and the difficulty in coming up with a price gauge, Temasek managed to expand the appeal of the product to a more diversified investor base. Temasek had a clear set of targets in mind for what it wanted to achieve with Astrea III. For starters, it wanted to further the development of private equity collateralised fund obligations, having been one of the very few globally to bring such deals out...............................................Full Article: Source
Print