Latest news with #KeppelDataCentreFundIII
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)
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
21-04-2025
- Business
- Yahoo
Singapore's Keppel gets $1.5 billion in capital commitments for its funds
SINGAPORE (Reuters) - Keppel, a Singapore-based manager and operator of assets such as data centres, said on Monday that it has secured close to S$2.0 billion ($1.53 billion) of capital commitments from global institutional investors for its flagship funds. Keppel said in a statement that the commitments were for its Keppel Data Centre Fund III, the Keppel Education Asset Fund II, and its sustainable urban renewal strategy. Christina Tan, its CEO of fund management and also its Chief Investment Officer, said the securing of capital reflected the resilient demand for alternative real assets anchored to macrotrends including climate change and energy transition, urbanisation, and artificial intelligence. Keppel said the investors included pension and insurance funds, as well as a sovereign wealth fund. It did not name the investors. Tan said the commitments bring Keppel closer to achieving its funds under management target of S$100 billion by 2026 and S$200 billion by 2030. ($1 = 1.3061 Singapore dollars)
Yahoo
21-04-2025
- Business
- Yahoo
Singapore's Keppel gets $1.5 billion in capital commitments for its funds
SINGAPORE (Reuters) - Keppel, a Singapore-based manager and operator of assets such as data centres, said on Monday that it has secured close to S$2.0 billion ($1.53 billion) of capital commitments from global institutional investors for its flagship funds. Keppel said in a statement that the commitments were for its Keppel Data Centre Fund III, the Keppel Education Asset Fund II, and its sustainable urban renewal strategy. Christina Tan, its CEO of fund management and also its Chief Investment Officer, said the securing of capital reflected the resilient demand for alternative real assets anchored to macrotrends including climate change and energy transition, urbanisation, and artificial intelligence. Keppel said the investors included pension and insurance funds, as well as a sovereign wealth fund. It did not name the investors. Tan said the commitments bring Keppel closer to achieving its funds under management target of S$100 billion by 2026 and S$200 billion by 2030. ($1 = 1.3061 Singapore dollars) Sign in to access your portfolio
Reuters
21-04-2025
- Business
- Reuters
Singapore's Keppel gets $1.5 billion in capital commitments for its funds
SINGAPORE, April 21 (Reuters) - Keppel ( opens new tab, a Singapore-based manager and operator of assets such as data centres, said on Monday that it has secured close to S$2.0 billion ($1.53 billion) of capital commitments from global institutional investors for its flagship funds. Keppel said in a statement that the commitments were for its Keppel Data Centre Fund III, the Keppel Education Asset Fund II, and its sustainable urban renewal strategy. Christina Tan, its CEO of fund management and also its Chief Investment Officer, said the securing of capital reflected the resilient demand for alternative real assets anchored to macrotrends including climate change and energy transition, urbanisation, and artificial intelligence. Keppel said the investors included pension and insurance funds, as well as a sovereign wealth fund. It did not name the investors. Tan said the commitments bring Keppel closer to achieving its funds under management target of S$100 billion by 2026 and S$200 billion by 2030. ($1 = 1.3061 Singapore dollars)
