Temasek related stories
All articles and analysis
Temasek puts sale of power generation company on holdSingapore’s sovereign wealth fund cited current market conditions as the reason for delaying the sale of the power generating company PowerSeraya.
- Frontier to launch $250m Mongolia fund
The Singapore-based private equity firm will also hold a first close on its Cambodia-focused fund early next year.
- FountainVest raises $1bn China-focused fund
The Chinese private equity firm was set up last year by former senior executives at Singapore's Temasek, which is an anchor investor in the fund.
- Credit woes hit Asia
Three large deals that have recently fallen apart show private equity activity in Asia is not immune to the global financial crisis, writes Siddharth Poddar.
- Temasek seeks buyer for PowerSeraya
The Singaporean sovereign wealth fund could fetch an estimated $2.5bn in what will be its third power company sale in 2008.
- Temasek to buy Changi Airport
Singaporean sovereign fund Temasek Holdings will own Singapore's airport by July 2009. The government decided to privatise the airport to give it 'greater flexibility' in a deal that is estimated to be worth up to $2bn.
- Temasek sells Singaporean power generator for S$3.7bn
A blank cheque company sponsored by a Japanese consortium has agreed to acquire Senoko Power from the sovereign wealth fund.
- Temasek annual profit doubles
The sovereign fund, which has received US antitrust approval to raise its stake in Merrill Lynch, has doubled its profits to S$18.2 billion. Though it predicts continued credit market fallout will dampen the economy, Temasek has indicated it will continue to do direct deals in financial services.
- Pine Brook commits $100m to energy venture
The New York firm led by former Warburg Pincus vice chairman Howard Newman has partnered with Australian Stock Exchange-listed Comet Ridge to develop US oil and gas assets. Drilling will commence immediately at the company's Colorado oil field.
- Lone Star picks up $30.6bn of CDOs at sharp discount
Fresh off the close of its $7.5bn sixth buyout fund, the distressed-focused private equity firm will buy the CDOs from Merrill Lynch for $6.7bn. The investment bank will finance 75 percent of the purchase price.