Temasek is still hiring from investment banks in London

Plenty of people in finance want to work for Temasek. So said our survey this year of the funds everyone wants to work for: Singapore's sovereign wealth fund ranked sixth on our list of preferred private equity funds (even though it's not just private equity and also invests in listed assets). The good news, therefore, is that Temasek is hiring - it likes to recruit analysts from investment banks in London.

The latest Temasek London recruit is Fouad Mark Abi Chahine, a former financial institutions group (FIG) analyst from Credit Suisse in London. Chahine spent two years and three months at CS before joining Temasek this September.

Chahine isn't the only junior Temasek's sucked up this year. In April it hired Feike Du, also from Credit Suisse, also a former analyst. In June it hired Clemente Castellucci, a former analyst from Morgan Stanley.

Temasek opened a London office in 2013 and initially hired John Cryan - now CEO of Deutsche Bank - to run the business. When Cryan stepped down in 2014, he was replaced by Tan Chong Lee, a Singaporean and former Merrill Lynch banker who now manages Temasek's operation in Europe. Temasek International's most recent accounts, for the year ending March 2017 show it employing 32 people in London, up from 22 one year previously.

The Singaporean fund is a generous payer: in the year to March, the average London employee earned £315k before pension and social security costs.

Temasek's London business operates from 23 King Street, a prestigious building in Mayfair. The fund famously sold the building for £135 million last year, but is still operating from that address - now a rented office.

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