Latest news with #ChristinaTan
Yahoo
07-08-2025
- Business
- Yahoo
Singapore's Keppel raises $4.9 billion in private funds for education and data centre assets
(Reuters) -Singapore's Keppel has secured S$6.3 billion ($4.91 billion) in funds under management so far this year for its private fund strategies, including education assets and data centres, the global asset manager and operator said on Thursday. The company said the raising includes around S$907 million in capital commitments from global institutional investors for its Keppel Education Asset Fund II and Keppel Data Centre Fund III. The company aims to oversee $150 billion of funds by 2030. Christina Tan, CEO of fund management and also its chief investment officer said, "Keppel's private funds continue to attract robust investor interest, underscoring the strength of our platform and the appeal of strategies aligned with transformative megatrends". The Singapore-based asset manager last week reported net profit of S$431 million for the six months ended June, while also announcing a S$500 million buyback programme. ($1 = 1.2835 Singapore dollars)
Yahoo
07-08-2025
- Business
- Yahoo
Singapore's Keppel raises $4.9 billion in private funds for education and data centre assets
(Reuters) -Singapore's Keppel has secured S$6.3 billion ($4.91 billion) in funds under management so far this year for its private fund strategies, including education assets and data centres, the global asset manager and operator said on Thursday. The company said the raising includes around S$907 million in capital commitments from global institutional investors for its Keppel Education Asset Fund II and Keppel Data Centre Fund III. The company aims to oversee $150 billion of funds by 2030. Christina Tan, CEO of fund management and also its chief investment officer said, "Keppel's private funds continue to attract robust investor interest, underscoring the strength of our platform and the appeal of strategies aligned with transformative megatrends". The Singapore-based asset manager last week reported net profit of S$431 million for the six months ended June, while also announcing a S$500 million buyback programme. ($1 = 1.2835 Singapore dollars) Sign in to access your portfolio
Business Times
07-08-2025
- Business
- Business Times
Keppel raises S$6.3 billion in private funds for education and data centre assets
[SINGAPORE] Keppel has secured S$6.3 billion in funds under management so far this year for its private fund strategies, including education assets and data centres, the global asset manager and operator said on Thursday (Aug 7). The company said the raising includes around S$907 million in capital commitments from global institutional investors for its Keppel Education Asset Fund II and Keppel Data Centre Fund III. The company aims to oversee US$150 billion of funds by 2030. Christina Tan, CEO of fund management and also its chief investment officer said, 'Keppel's private funds continue to attract robust investor interest, underscoring the strength of our platform and the appeal of strategies aligned with transformative megatrends'. The Singapore-based asset manager last week reported net profit of S$431 million for the six months ended June, while also announcing a S$500 million buyback programme. REUTERS
Yahoo
07-08-2025
- Business
- Yahoo
Singapore's Keppel raises $4.9 billion in private funds for education and data centre assets
(Reuters) -Singapore's Keppel has secured S$6.3 billion ($4.91 billion) in funds under management so far this year for its private fund strategies, including education assets and data centres, the global asset manager and operator said on Thursday. The company said the raising includes around S$907 million in capital commitments from global institutional investors for its Keppel Education Asset Fund II and Keppel Data Centre Fund III. The company aims to oversee $150 billion of funds by 2030. Christina Tan, CEO of fund management and also its chief investment officer said, "Keppel's private funds continue to attract robust investor interest, underscoring the strength of our platform and the appeal of strategies aligned with transformative megatrends". The Singapore-based asset manager last week reported net profit of S$431 million for the six months ended June, while also announcing a S$500 million buyback programme. ($1 = 1.2835 Singapore dollars) Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Times
25-06-2025
- Business
- Business Times
Keppel partners AIIB for up to US$1.5 billion in Asia-Pacific green infrastructure deals
[SINGAPORE] Asset manager Keppel has partnered Asian Infrastructure Investment Bank (AIIB) to facilitate up to US$1.5 billion worth of sustainable infrastructure investments and financing opportunities in Asia-Pacific. The tie-up will last for an initial five-year period up to December 2030, and focus on funding infrastructure projects developed by Keppel and invested by its private funds, the company announced on Wednesday (Jun 25). The projects will advance green infrastructure, connectivity and technology-enabled infrastructure. Areas of interest include power transmission and distribution, renewable energy, transportation and urban services. Asia-Pacific faces a 'significant infrastructure gap' due to the demands of a rapidly urbanising population, said Christina Tan, Keppel's chief executive for fund management. She believes that the partnership will combine the AIIB's financial strength with Keppel's track record in large-scale infrastructure projects, highlighting that both have a 'longstanding relationship'. Headquartered in Beijing, the AIIB is a multilateral development bank focused on developing Asia. It provides long-term capital through both debt and equity financing. The partnership is not expected to have any material impact on Keppel's earnings per share for the current financial year. Keppel shares ended Wednesday flat at S$7.40.
