SINGAPORE, Sept 28 (Reuters) - Singapore state investment firm Temasek's (TEM.UL) 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.
The closing of the fund indicates that True Light can now focus on investing the capital.
The fund will invest alongside Temasek in opportunities related to Greater China, True Light said.
It invests directly in private and public equity as well as indirectly through private equity and venture funds, it added.
Persons:
Yeo Chee Kian, Yibing Wu, Yantoultra Ngui, Muralikumar
Organizations:
U.S, Temasek, Milken Institute Asia, Thomson
Locations:
SINGAPORE, Singapore, Greater China, China, Taiwan