Temasek announced the formation of a wholly-owned private credit platform.
Temasek has been investing in credit funds for over a decade. In 2016, Temasek assembled a credit & hybrid solutions team to buildout its direct and fund investments to seize a broader range of opportunities in the private credit space. As it continues to shape a resilient and forward-looking portfolio, Temasek has set up a dedicated platform to enhance its ability to scale its credit and hybrid solutions portfolio and capture global private credit opportunities. This is in addition to a Temasek asset management business, Seviora Group – which includes SeaTown Holdings International which offers private credit solutions in Asia.
The platform’s initial portfolio will amount to about S$10 billion, consisting of direct investments and credit funds. This portfolio will be managed by a team of around 15 seasoned credit investment professionals across offices in New York, London, and Singapore, who have been transferred from Temasek’s Credit & Hybrid Solutions team. The platform will be led by CEO, Nicolas Debetencourt, who has been the Head of Credit & Hybrid Solutions at Temasek since 2016.
