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Temasek unit leads investment consortium for MMA promoter

TemasekHoldings Pvt. Ltd. subsidiary Heliconia Capital Management is leading aconsortium to invest in the Asian sports media property ONE Championship,according to a July 13 press release.

Thepartnership between the Singapore-basedmixed martial arts promoter and Heliconia aims to push ONE Championship'sfurther expansion across Asian markets, specifically China, byincreasing the number of live MMA events. Financialdetails were not disclosed.

ONEChampionship has a broadcast reach of more than 1 billion homes in 118countries, according to founder and Chairman Chatri Sityodtong.