Singapore PE firm Azalea launches $100m ESG investment fund-of-funds

Singapore-based private equity manager Azalea Investment Management has launched a $100 million fund-of-funds to invest in environmental, social and governance (ESG) focused opportunities.

The fund, Altrium Sustainability Fund I (ASF I) is co-seeded by the Azalea Group and financial services company Singlife with Aviva. Each party has committed an initial $50 million to the fund.

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