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Singapore’s Temasek is increasingly betting on France

Temasek is going to pack his bags in France. The Singaporean investment company will open an office in Paris by the summer. “We have been investing in French companies since 2008. The country’s economic environment is attractiveexplains Benoit Valentine, Temasek’s Vice President for Europe, Middle East and Africa. Our presence in Paris will enable us to attract talent from around the world or recruit them locally. It is an attractive alternative to London after Brexit“.

The Paris office, which will employ around ten investment professionals by 2024, is also on target “To send a strong signal to the European Union, according to the manager. After London and Brussels, it is another proof that we are a very long-term investor and that Europe is an important region for us.”

Temasek, which manages a S$403 billion (€281 billion) portfolio, is already a minority shareholder in several companies…

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Source: Le Figaro

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