Temasek unit raises US$3.3bil in flagship fund investing in China


SINGAPORE: Singapore state investment firm Temasek's wholly owned unit True Light Capital said on Thursday it raised $3.3 billion in its flagship fund that invests in Greater China and has now closed it to new capital.

The Singapore-based asset manager said in a statement the True Light Fund I secured capital from global investors including sovereign wealth funds, foundations, financial institutions, and family offices.

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Temasek , Singapore , China , fund , True Light Capital

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