SINGAPORE (June 8): Azalea Investment Management, a Temasek Holdings subsidiary, has launched what is believed to be the world’s first listed private-equity bond for retail investors. And the move could add more variety to Singapore’s stock market.

Previously, private-equity investments were almost exclusively the domain of sophisticated investors and institutions. Bonds sold locally had to be in tranches of at least S$200,000. The Astrea IV Bonds, as Azalea’s new offering is called, will be available for subscription at a minimum of S$2,000 each.

The Astrea IV PE Bonds is the fourth in the series launched by Azalea, but the first to be offered to retail investors... (Click here to read the full story)