SeaTown Master Fund

STRATEGY SUMMARY

    • Commenced in October 2012
    • Global multi-asset absolute return fund
    • Investments across the capital structure, primarily in public securities, and selectively in private securities
    • Deep fundamental analysis overlaid with macro perspective
    • Enhanced return through leverage, with flexibility to short and hedge risks
    • Access to deal opportunities through Temasek parentage
    • Dynamic allocation across asset classes and geographies

INVESTMENT TEAM

    • Headed and managed by 2 co-Deputy CIOs / PMs, each with at least 22 years of investment experience
    • Supported by a macro research team, 2 junior PMs and 11 sector research analysts
    • Sector-focused teams to achieve superior assessment of risk-adjusted returns across capital structure
    • Continuity of management team since inception

ASSETS UNDER MANAGEMENT

    • NAV of USD 5.2 billion as of 31 March 2021
SeaTown Global Credit Fund

STRATEGY SUMMARY

    • Commenced in June 2020
    • Global absolute return credit fund
    • Investments in credits as well as structured finance assets globally
    • Fundamental value-oriented investment approach, including relative value trades to seek mispriced opportunities
    • Enhanced return through leverage, with flexibility to short or hedge risks
    • Sectorial approach to bottom-up credit selection with top-down macro perspective

INVESTMENT TEAM

    • Headed by a Deputy CIO and managed by 2 PMs, each with at least 26 years of investment experience
    • Supported by a macro research team, 1 dedicated junior PM and a shared pool of 8 sector credit research analysts
    • An investment team with >10 years of working together, investing across a myriad of credit instruments

ASSETS UNDER MANAGEMENT

    • NAV of USD 925.0 million as of 31 March 2021
SeaTown Asia Credit Fund

STRATEGY SUMMARY

    • Commenced in June 2020
    • Asia-focused absolute return credit fund
    • Fundamental value-oriented investment approach, including relative value trades to seek mispriced opportunities
    • Enhanced return through leverage, with flexibility to short or hedge risks
    • Country approach to bottom-up credit selection with top-down global macro perspective

INVESTMENT TEAM

    • Headed by a Deputy CIO and managed by 2 PMs, each with at least 17 years of investment experience
    • Supported by a macro research team, 1 dedicated junior PM and a shared pool of 8 sector credit research analysts
    • An investment team with >10 years of working together, investing across a myriad of credit instruments

ASSETS UNDER MANAGEMENT

    • NAV of USD 457.8 million as of 31 March 2021
SeaTown Private Credit Fund

STRATEGY SUMMARY

    • Launched in December 2019
    • Investments in private credit opportunities, primarily in Asia Pacific
    • Extensive deal sourcing capabilities through SeaTown and Temasek’s established networks
    • Strong reputation with counterparties ensures continued deal flow
    • Flexibility to structure transactions to seek to optimize risk-return and downside protection
    • Aim for consistent distribution of fees^, interest income and dividends to LPs

INVESTMENT TEAM

    • Led by a Deputy CIO and managed by 2 MDs, each with over 25 years of investment experience
    • Supported by 4 dedicated investment professionals
    • Global investing experience with deep domain knowledge

    ^ Fees such as upfront fee in loans/bond transactions or commitment fee from deals

ASSETS UNDER MANAGEMENT

    • Committed capital of USD 1 billion as of 31 December 2020
SeaTown Private Capital Fund

STRATEGY SUMMARY

    • Launched in January 2021
    • Investments in private equity opportunities globally
    • Investments focused on growth capital, later stage VC, and opportunistically in buyouts or buy-and-build platforms
    • Extensive deal source through the combination of the fund's unique partnership & access to Temasek and Temasek's network as well as SeaTown proprietary network
    • Strong reputation with counterparties ensures continued deal flow

INVESTMENT TEAM

    • Led by a Deputy CIO with over 20 years of investment experience
    • Supported by 6 dedicated investment professionals
    • Global investing experience with deep domain knowledge

ASSETS UNDER MANAGEMENT

    • Committed capital of USD 1 billion as of 31 December 2020