Temasek Seals $3.3B for Flagship China-focused Fund Amid Economic Headwinds

Singapore’s state investment firm Temasek has announced the completion of its flagship fund, which focuses on investing in Greater China.

The fund, managed by Temasek’s wholly owned unit True Light Capital, has successfully raised $3.3 billion from a variety of global investors, including sovereign wealth funds, foundations, financial institutions, and family offices.

With the fund now closed to further capital, True Light can proceed with deploying the investment.