Report: Singapore’s Keppel Targets $300M First Close on Private Credit Fund III

Singaporean asset manager Keppel will reportedly capture an initial $300M in commitments on the first close of its Keppel Private Credit Fund III.

The first close is expected by the end of October, according to a Deal Street Asia report citing an October 24 company presentation. The third vintage fund, which will target investments in infrastructure within the Asia Pacific region, on October 23 secured a $50M investment from the Asian Development Bank.

To date, Keppel said it oversees approximately $67.7B in total AUM across its fund management platforms.

Source: https://www.dealstreetasia.com/stories/keppel-private-credit-fund-417116

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