Temasek-Owned Asset Manager Opens MidEast Office
An asset management subsidiary of Singapore state-owned Temasek has opened a new office in Abu Dhabi.
Seviora Group has opened a new office in Abu Dhabi Global Market (ADGM), according to a statement.
The Singapore-headquartered asset management group intends for the office to contribute to its expansion, allowing it to better develop and offer bespoke investment solutions, co-investment opportunities and strategic partnerships to sovereign wealth funds, pension funds, global banks and family offices.
Senior Executive Officer
Sadiq Hussain has been appointed as senior executive officer for the office and will lead Seviora’s Middle East operations. He has extensive experience in capital markets, institutional partnerships, and regional investment strategies from financial institutions and a strong network within the region. Under his Hussain's, Seviora aims to deepen its partnerships with key investors and stakeholders, and contribute to the region’s financial ecosystem.
«As we continue to scale up Seviora’s presence, we’re embarking on several partnerships to drive interest into Asia and beyond. The opening of our new office in Abu Dhabi marks a major step in our international expansion and highlights the strategic importance of the Middle East in our growth plans. This move paves the way for further successful partnerships with local investors to meet their rapidly evolving needs,» said Seviora Group CEO Jimmy Phoon.
Seviora Group is an asset management group wholly owned by Singapore state-owned Temasek with $54 billion in assets under management as of end-2024. It has over 210 investment professionals supported by more than 235 staff with primary presences in Singapore, India, China, Indonesia and the UAE. The group’s asset management companies include Azalea Investment Management, Fullerton Fund Management, InnoVen Capital, SeaTown Holdings International and Seviora Capital.
