A bite of the big apple: Temasek opens New York HQ

Complements Mexico, Sao Paolo offices.

Temasek has officially opened its new office in New York, in an event attended by Prime Minister Lee Hsien Loong on Friday morning (Thursday evening New York time).

The launch came right after Temasek celebrated its 40th anniversary on June 25.

“Our New York office will work closely with our offices in Mexico City and Sao Paolo in Brazil to cover the Americas, both north and south. They complement our London office which was established in March this year to cover Europe and Africa. We look to both of them to provide a non-Asian lift for our portfolio for the longer term,” Temasek Chairman Lim Boo Heng said in a speech.

Here’s more from the speech:

As a forward looking company, we institute various disciplines some 10 years ago, such as performance bonuses with deferred long term components and clawback features. Similarly, we issue Temasek Bonds, also as part of our long term discipline.

As a trusted steward, we do our part to learn, earn and return, as individuals and as a company. This shapes our commitment to open pathways for those in need, and to promote and foster better governance.

As we celebrate our 40th anniversary - just yesterday, in fact – our journey has just begun.

This evening, as we celebrate the opening of our New York office, we look to a future of opportunities, fuelled by the verve and vitality here in New York. 

We know there is much wisdom and experience among friends and partners in this room. We are privileged to have your friendship, guidance and support.