Keppel Capital Holdings Pte. Ltd. (Keppel Capital) has announced a cooperation with the National Pension Service of Korea (NPS) to explore investment opportunities for private infrastructure in Asia.
The cooperation will bring together the asset management expertise of both NPS and Keppel Capital, said the company. ”The strategic cooperation builds on an earlier commitment by NPS to Keppel Capital’s private infrastructure initiative. Beyond infrastructure, this strategic cooperation will also create potential collaboration opportunities across the other asset classes where Keppel Capital is active, such as real estate and data centres, and other new sectors, such as senior living.”
“We are glad to partner with NPS, the world’s third largest pension fund, to jointly explore investment opportunities in the infrastructure space in Asia. Notwithstanding the current challenging macroeconomic environment, we are confident that by working together with a world-class and like-minded institutional investor, we will be able to synergise and tap on each other’s expertise and capabilities, given that we both embrace a value-oriented shareholder focus and disciplined approach to investment,” said Christina Tan, CEO of Keppel Capital.
Besides the launch of its Asian-focussed infrastructure fund, Keppel Capital also launched its private credit fund and an Indonesian logistics property venture, partnered with Australian Unity to establish funds focussing on Australian metropolitan office sector. Keppel Capital also entered the Chinese data centre market when a data centre focussed fund, managed by a unit of Keppel Capital, invested approximately RMB 1.5 billion into a data centre project in Huizhou, Guangdong Province.