· Keppel raises S$6.3B in 2025 for private funds focused on education and data centre assets.
· Anchor funds attract S$907M from global institutional investors amid rising interest in megatrends.
· Firm targets $150B AUM by 2030, backed by strong H1 profits and a S$500M share buyback plan.
Keppel, a Singapore asset manager, has raised S$6.3 billion (around $4.91 billion) as of 2025 to date for its private fund strategies, with significant emphasis on education infrastructure and data centre properties, the firm announced yesterday.
The fund-raising comprises about S$907 million of capital commitments from international institutional investors into two anchor funds, namely Keppel Education Asset Fund II and Keppel Data Centre Fund III. The investments are part of Keppel's overall strategy to access high-growth industries that align with global megatrends like digitalisation and increasing demand for quality education infrastructure.
Keppel, one of the world's largest asset managers and operators, has ambitious plans to manage $150 billion in assets under management by 2030. The latest fundraising achievement is viewed as a major stride toward meeting that target.
Christina Tan, Fund Management CEO and Chief Investment Officer at Keppel, stated,
Keppel's private funds remain strongly sought after by investors, reflecting the strength of our platform and the attraction of strategies focused on transformative megatrends.
The firm's robust fund-raising efforts come on the heels of it reporting a first-half 2025 net profit of S$431 million. Furthermore, Keppel announced a S$500 million share buyback scheme recently, which reflects its belief in long-term value creation and financial health.
Keppel's emphasis on alternative assets such as education and digital infrastructure is part of a larger industry pattern, with institutional investors pouring more and more capital into sustainable, future-proof industries. The success of fundraising is testament to Keppel's international reputation and its capacity to perform for investors in a changing market environment.
