SeaTown Holdings International (“SeaTown”), a leading Asia-focused alternative investment firm and wholly-owned subsidiary of Temasek’s asset management group Seviora Holdings, is pleased to announce the final close of the SeaTown Private Credit Fund II (“PCF II”) with over US$1.3 billion in capital commitments. The total commitment size of the second fund surpasses the US$1.2 billion secured for SeaTown Private Credit Fund I (“PCF I”), further adding to the firm’s growth momentum for its private credit strategy.
“We are immensely thankful for the support we have witnessed following the launch of PCF II,” said Patrick Pang, CEO, SeaTown. “This milestone highlights not only the growing appetite for Asian private credit in institutional portfolios around the world but also reflects the confidence and trust in SeaTown’s approach. Our private credit team has demonstrated a clear ability to repeatedly source, structure, and execute complex and bespoke deals across industries. We are excited to continue executing on our proven investment strategy to deliver attractive risk-adjusted returns to our investors.”
Read more in the attached Press Release.
SeaTown believes that successful management of sustainability issues is essential to durable long-term returns. As a supporter of TCFD, a signatory of UN PRI and a member of the IFRS Sustainability Alliance, SeaTown is committed to transparency and has launched its first full-fledged Sustainability Report.
Our inaugural report sets out SeaTown’s approach to responsible investing and our uncompromising stance on robust governance and business ethics. We believe that it is our responsibility to exercise thoughtful stewardship to safeguard the long-term value of our investments.
This report is a culmination of our firmwide, multi-year effort to integrate sustainability across our business.
For our efforts, we have achieved Principles of Responsible Investment (PRI) scores of 4-5 stars across our funds and firm processes. We have also been one of the few Asian organizations to be invited on the PRI in Person Signatory Advisory Committee for the past two years.
Along with our peers and stakeholders, we will work together towards a more sustainable future. SeaTown is also a member of the Asia Investor Group on Climate Change (AIGCC).
SeaTown has been named the ‘Best Private Debt Manager’ for the AsianInvestor Asset Management Awards 2024
Singapore, 1 April 2024 – Leading Asia-focused alternative investment firm SeaTown Holdings International (“SeaTown”), a wholly-owned subsidiary of Temasek’s asset management group Seviora Holdings, is proud to announce that it has been awarded the prestigious title of ‘Best Private Debt Manager’ by a panel of industry practitioners and professionals for the AsianInvestor Asset Management Awards 2024.
The annual award series has recognised the investment industry’s outstanding performers for over two decades. This year saw the highest volume of entries since 2018, reflecting intense competition among leading fund managers, as well as the exceptional quality and proven track record of SeaTown’s private credit offering. Winners were selected based on a range of quantitative and qualitative factors, including performance, business growth, investment approach, portfolio management, fundraising success and more.
“We are honoured to receive this award, and we extend our deepest appreciation to our clients for their continued support over the years,” said Patrick Pang, CEO. “This accolade is a clear testament to the experience and dedication of our private credit investment team and our ability to deliver compelling investment solutions that fulfil the dynamic needs of international investors today.”
SeaTown’s private credit strategy focuses on providing highly tailored financing solutions to companies in Asia. This Asia-focused strategy has demonstrated its ability to source, structure, and execute complex and bespoke deals across sectors critical to regional economies. Following the closing and successful deployment of SeaTown Private Credit Fund I, the firm launched SeaTown Private Credit Fund II at the end of 2022.
Learn more about the Asset Management Awards 2024 here.
About SeaTown
Founded and headquartered in Singapore since 2009, SeaTown is a leading Asia-focused alternative investment firm with deep expertise across private and public markets. Owned by Seviora Holdings, Temasek’s asset management group, we are a trusted steward of capital, investing alongside our investors in conviction-driven strategies.
Our alternative investment fund platform offers international investors exposure to highly specialised private equity, private credit, and thematic absolute return public markets opportunities in the region. As your partner, we strive to deliver compelling risk-adjusted returns by leveraging our extensive relationship network, decades of investing experience and astute global perspectives.
For more information on SeaTown, please visit: https://www.seatowninternational.com/
Investor Contact
Kayla Wah, SeaTown
Media Contact
Kainoa Blaisdell, FTI Consulting
3 Fraser Street #06-23 DUO Tower
Singapore 189352
T +65 6622 9022
F +65 6820 6808
