The transition comes as Seviora Holdings’ current CEO Jimmy Phoon is set to retire later this year.

The transition comes as Seviora Holdings’ current CEO Jimmy Phoon is set to retire later this year.
Under the MOU the two firms will seek co-investment opportunities.
The wholly-owned subsidiary of Temasek’s asset management group has gained over $1.3bn in capital commitments.
The tie-up will allow Seviora to expand its private credit offering in the region, including among mid-market firms.
Part of the Mark Allen Group.