Keppel Secures SGD 6.3 Billion for Education and Data Centre Investments
- tech360.tv
- Aug 9, 2025
- 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.
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.
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
