Singapore state-owned investment firm Temasek has formed of a wholly-owned private credit platform, according to a media release on December 6.
The platform’s initial portfolio will amount to around S$10 billion $7.46 billion, consisting of direct investments and credit funds.
According to the release, the portfolio will be managed by a team of around 15 credit investment professionals across offices in New York, London, and Singapore, who have been transferred from Temasek’s credit hybrid solutions team. The global platform will be led by chief executive officer Nicolas Debetencourt, who has been the head of credit hybrid solutions at Temasek since 2016.
Temasek...