Temasek-backed asset manager Seviora Holdings and its subsidiary Azalea Investment Management are set to launch their private market products in Korea, through a partnership signed on Oct. 17 with Samsung Securities.
Under the Memorandum of Understanding, the three parties will collaborate to provide Korean investors with a range of private market offerings.
This will start with Azalea’s investment offerings. These span co-investments in a global portfolio of private equity funds with diversified strategies under the Altrium platform, to private equity retail bonds under its Astrea platform.
The Azalea Group invests in private equity, with a focus on the development of new investment products that will make the PE asset class accessible to a broader group of investors.
Azalea now manages more than $2.3 billion in assets on its Altrium platform. Earlier this year, Azalea secured $262 million in commitments for the first close of its third buyout-focused fund.
The firm also sponsors and manages the Astrea platform, which offers a series of investment products based on diversified portfolios of private equity funds.
Meanwhile, Seviora’s asset management companies include Fullerton Fund Management, Innoven Capital, SeaTown Holdings International, and Seviora Capital. Seviora has $59.5 billion in assets under management as of June 30, 2025.
Samsung Securities offers a wide range of financial services, including investment banking, wealth management, and retail brokerage. Jongmoon Park, CEO of Samsung Securities, said in a statement: “We will continue to strengthen our alternative investment product lineup through ongoing partnerships with leading global asset managers.”
Samsung Securities also recently signed a partnership MOU with US investment bank Cantor and has partnered with German index provider Solactive to launch Korean Exchange-traded notes that track the biggest Chinese listed companies in the mobility and artificial intelligence sectors.
