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

Reuters - 21/04
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.
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SINGAPORE, April 21 (Reuters) - Keppel (KPLM.SI), 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.

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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 ...
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