Temasek has established a fund management firm to invest in large companies with market value ranging between US$1 billion and US$5 billion.

65 Equity Partners, as this new firm is called, has some $4.5 billion in funds for a start. It will focus on deal sizes ranging between US$100 million and US$200 million.

The firm will work closely with other fund managers that are similarly focused on helping local companies grow. 

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