Singapore’s Keppel secures $1.53B new funding for its flagship funds

Singapore’s asset manager and operator Keppel Ltd. has secured close to S$2 billion ($1.53 billion) of capital commitments from global institutional investors for its Keppel Data Center Fund III (KDCF III), Keppel Education Asset Fund II (KEAF II) and Sustainable Urban Renewal (SUR) strategy, representing approximately S$4.9 billion ($3.74 billion) in funds under management (FUM).