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Side Letter: Temasek's 65 reasons to look West; PE's fossil fuel strugglesA newly launched Temasek subsidiary has eyes for the US and European mid-markets. Plus: Private equity is struggling to kick its fossil fuel addiction and the numerator effect looks set to bolster secondaries. Here's today's brief, for our valued subscribers only.
Temasek has one eye on Europe and the US with newest PE subsidiary65 Equity Partners intends to raise third-party capital in future vintages, Temasek president Tan Chong Lee says.