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Keppel Launches Data Center Fund for Asian, European Assets

Keppel Launches Data Center Fund for Asian, European Assets The fund had its first closing with more than $500 million in investments and is aiming for $1 billion. Dec172020 Image by panumas nikhomkhai via Pexels.com Noting that the COVID-19 pandemic has accelerated the pace of digitalization for many businesses and governments further spurring the growth of the data center sector, Keppel Capital Holdings Pte. Ltd. has launched its second data center fund. Keppel Data Centre Fund II, which will focus on strategic investments in Asia-Pacific and Europe, has attracted initial capital commitments of more than $500 million. The fund has a target size of $1 billion.

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