Temasek to merge three asset managers into one platform under Seviora from 2027

On October 8, 2026, Temasek, Singapore's state investment company, announced that it will merge three of its asset managers—Azalea Investment Management, SeaTown Holdings International, and Seviora Capital—into a single platform under Seviora Holdings, effective January 1, 2027. The integration aims to enhance investors' access to investment capabilities through a unified operating model. Gabriel Lim will continue as CEO of Seviora, with Chue En Yaw and Patrick Pang leading new business units. Fullerton Fund Management and InnoVen Capital remain separate entities. This move is part of Temasek's broader restructuring to compete in the asset management space.