Retail investors look to details on first private equity fund bond

They seek information on Astrea IV, such as yields

Azalea Group, a subsidiary of Temasek Holdings, is launching Astrea IV. The bond is backed by cash flows from a diversified portfolio of private equity funds.
Azalea Group, a subsidiary of Temasek Holdings, is launching Astrea IV. The bond is backed by cash flows from a diversified portfolio of private equity funds. PHOTO: REUTERS
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Treasury executive Sim Zhen Wei is looking forward to subscribing for Singapore's first private equity fund bond targeted at retail investors.

He sees it as an attractive way to enter the world of private equity, an investment avenue that, until now, has been available only to affluent individuals and sophisticated investors.

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A version of this article appeared in the print edition of The Straits Times on June 04, 2018, with the headline Retail investors look to details on first private equity fund bond. Subscribe