Singapore's Keppel gets $1.5 billion in capital commitments for its funds


FILE PHOTO: A Keppel signage is pictured in their office in Singapore July 6, 2023. REUTERS/Edgar Su/FIle Photo

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.

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