top of page

Keppel Secures SGD 6.3 Billion for Education and Data Centre Investments

  • tech360.tv
  • 2 days ago
  • 1 min read

Singapore’s Keppel Ltd. has raised SGD 6.3 billion (USD 4.91 billion) in private funds this year to support its strategies in education and data centre assets, the company announced Thursday.


Curved building facade with glass windows, featuring the bold white "Keppel" logo. Soft blue tones dominate the modern architectural design.
Credit: KEPPEL

The capital includes approximately SGD 907 million in commitments from global institutional investors for its Keppel Education Asset Fund II and Keppel Data Centre Fund III.


Tall building with "Keppel" logo reflecting sunlight. Surrounded by modern skyscrapers and greenery. Clear blue sky creates a serene mood.
Credit: KEPPEL

Keppel aims to manage USD 150 billion in funds by 2030.


Christina Tan, chief executive officer of fund management and chief investment officer, said Keppel’s private funds continue to draw strong investor interest, reflecting the strength of its platform and alignment with transformative megatrends.


Last week, the company reported a net profit of SGD 431 million for the six months ending in June. It also launched a SGD 500 million share buyback programme.

  • Keppel raised SGD 6.3 billion in private funds in 2024

  • SGD 907 million committed to education and data centre funds

  • Company targets USD 150 billion in assets under management by 2030


Source: REUTERS

Comentarios

As Asia becomes the fastest growing tech adoption region, biz360tv is committed to keeping readers up to date on the latest developments in business technology news in Asia and beyond.

While we use new technologies such as AI to improve our storytelling capabilities, our team carefully select the stories and topics to cover and goes through fact-checking, editing, and oversight before publication. Please contact us at editorial@tech360.tv if you notice any errors or inaccuracies. Your feedback will be vital in ensuring that our articles are accurate for all of our readers.

bottom of page