Singapore Asset Manager Seviora and Pavilion to Form USD72bn Platform

Temasek-owned Seviora Group will fold in fellow Singapore subsidiary Pavilion Capital to form an integrated asset manager overseeing about USD72bn of assets.

The combined platform will strengthen offerings across private equity, private credit, public markets and financing.

Pavilion will retain its brand and pan-Asia strategy while marketing products under the Seviora umbrella.

Seviora CEO Gabriel Lim said the integration will broaden capabilities and help attract third-party capital.

Pavilion CEO Tow Heng Tan will support the transition before retiring on 31 March 2026.

The merger, subject to regulatory approval, is expected to complete by the first quarter of 2026 and highlights the strength of Singapore’s asset management ecosystem.