Keppel Secures S$2 Billion in Fresh Capital Commitments Across Flagship Funds

Keppel secured fresh capital commitments of close to S$2 billion across three flagship funds. They are the Keppel Data Centre Fund III (KDCF III), the Keppel Education Asset Fund II (KEAF II) and the Sustainable Urban Renewal (SUR) strategy.

These capital commitments take Keppel’s funds under management (FUM) to around S$4.9 billion.

This includes US$580 million of initial capital commitments raised at the first close of its third data centre fund KDCF III as well as US$307 million of committed capital raised at the first close of its KEAF II.

It also includes fresh capital commitments of around S$760 million raised for its SUR fund, Keppel said on Monday (Apr 21).

Christina Tan, chief executive officer of fund management and chief investment officer at Keppel, said that the recent round of capital secured brings the company closer to its interim FUM target of S$100 billion by 2026.

The asset manager and operator aims to reach its S$200 billion FUM target by 2030, she said.

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They are the Keppel Data Centre Fund III (KDCF III), the Keppel Education Asset Fund II (KEAF II) and the Sustainable Urban Renewal (SUR) strategy.</p><p style=\"text-align: start;\">These capital commitments take Keppel’s funds under management (FUM) to around S$4.9 billion.</p><p style=\"text-align: start;\">This includes US$580 million of initial capital commitments raised at the first close of its third data centre fund KDCF III as well as US$307 million of committed capital raised at the first close of its KEAF II.</p><p>It also includes fresh capital commitments of around S$760 million raised for its SUR fund, Keppel said on Monday (Apr 21).</p><p style=\"text-align: start;\">Christina Tan, chief executive officer of fund management and chief investment officer at Keppel, said that the recent round of capital secured brings the company closer to its interim FUM target of S$100 billion by 2026.</p><p style=\"text-align: start;\">The asset manager and operator aims to reach its S$200 billion FUM target by 2030, she said.</p> <a href=\"https://ttm.financial/S/BN4.SI\">$(BN4.SI)$</a> <a href=\"https://ttm.financial/S/AJBU.SI\">$(AJBU.SI)$</a></body></html>","htmlText":"<html><head></head><body><p style=\"text-align: start;\">Keppel secured fresh capital commitments of close to S$2 billion across three flagship funds. They are the Keppel Data Centre Fund III (KDCF III), the Keppel Education Asset Fund II (KEAF II) and the Sustainable Urban Renewal (SUR) strategy.</p><p style=\"text-align: start;\">These capital commitments take Keppel’s funds under management (FUM) to around S$4.9 billion.</p><p style=\"text-align: start;\">This includes US$580 million of initial capital commitments raised at the first close of its third data centre fund KDCF III as well as US$307 million of committed capital raised at the first close of its KEAF II.</p><p>It also includes fresh capital commitments of around S$760 million raised for its SUR fund, Keppel said on Monday (Apr 21).</p><p style=\"text-align: start;\">Christina Tan, chief executive officer of fund management and chief investment officer at Keppel, said that the recent round of capital secured brings the company closer to its interim FUM target of S$100 billion by 2026.</p><p style=\"text-align: start;\">The asset manager and operator aims to reach its S$200 billion FUM target by 2030, she said.</p> <a href=\"https://ttm.financial/S/BN4.SI\">$(BN4.SI)$</a> <a href=\"https://ttm.financial/S/AJBU.SI\">$(AJBU.SI)$</a></body></html>","text":"Keppel secured fresh capital commitments of close to S$2 billion across three flagship funds. 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