Keppel Surpasses S\$100 Billion FUM Target Ahead of Schedule, Adds S\$13.5 Billion in New Private Fund Commitments
Key Highlights
- Keppel Ltd. has exceeded its interim Funds Under Management (FUM) target of S\$100 billion well before the end-2026 timeline.
- Approximately S\$13.5 billion in new FUM was added across its Infrastructure, Real Estate, and Connectivity private funds year-to-date (as of July 2026).
- The strong performance was driven by S\$7.8 billion of new capital commitments from global Limited Partners (LPs) across several flagship and thematic funds, including:
- Aermont Fund VI
- Keppel Education Asset Fund II
- Keppel Private Credit Fund III
- Keppel Offshore Fund
- A data centre opportunity and a separately managed account with a sovereign wealth fund focused on infrastructure and data centre projects
- Keppel’s integrated asset manager and operator model, especially its expertise in digital infrastructure and data centres, has become a significant differentiator in attracting capital.
- The company’s private infrastructure strategies have secured S\$7.7 billion in equity commitments to date, supporting a robust acquisition pipeline valued above S\$22.0 billion.
Details for Investors and Shareholders
Keppel’s achievement of surpassing S\$100 billion in FUM ahead of schedule is a major milestone that reflects both the successful execution of its growth strategy and strong investor confidence in the company’s ability to deliver value and returns.
The CEO of Keppel, Mr Loh Chin Hua, emphasized that the company’s expanding FUM acts as a “flywheel,” boosting both asset management and operating income. The company continues to emphasize recurring fee income from operating and maintaining key assets such as the Bifrost Cable System and the new Keppel Sakra Cogen Plant. Additionally, Keppel’s sponsor stakes and co-investments are expected to drive stronger earnings and cash flows.
The company’s focus remains on sustaining fund performance, which underpins future FUM growth and investor trust. Keppel’s expertise in data centres has played a pivotal role, supporting Aermont Capital’s expansion into this asset class and offering investors dedicated exposure to the high-growth Asia Pacific data centre segment through the Keppel Data Centre Fund series.
Beyond data centres, Keppel’s Infrastructure Fund series is actively investing in and harvesting assets across sectors where the company possesses deep operational capabilities. These include power, subsea cables, and marine installation and maintenance services, all of which support the accelerating growth of AI, cloud computing, and digitalisation.
Potential Share Price Impact
- This announcement is potentially price-sensitive and relevant for shareholders as it signals accelerated growth, the ability to attract global capital, and a strong acquisition pipeline. Surpassing a key strategic milestone ahead of schedule reflects Keppel’s execution strength and competitive positioning in infrastructure, real estate, and digital connectivity.
- However, Keppel management has stated that these developments are not expected to have a material impact on earnings per share or net tangible assets per share for the current financial year.
- Ongoing fundraising and the company’s ecosystem approach position Keppel well for sustained growth and may contribute to positive investor sentiment.
About Keppel Ltd.
Keppel Ltd. (SGX:BN4) is a global asset manager and operator with strengths in sustainability-related solutions across infrastructure, real estate, and connectivity. Headquartered in Singapore and operating in more than 20 countries, Keppel provides critical infrastructure and services in renewables, clean energy, decarbonisation, sustainable urban renewal, and digital connectivity. Its platforms include private funds and listed real estate and business trusts.
Contact Information
- Media Relations: Frances Teh, Director, Corporate Communications, Tel: (65) 6413 6437, Email: [email protected]
- Investor Relations: Lillian Ying, Manager, Corporate Communications, Tel: (65) 6413 6475, Email: [email protected]
Disclaimer
This article is provided for informational purposes only and does not constitute investment advice. Investors should conduct their own research or consult with a professional advisor before making any investment decisions related to Keppel Ltd. or its securities.
凯宝有限公司提前实现 S\$100 亿管理资产目标，新增 S\$135 亿私募基金管理资产
主要亮点
- 凯宝有限公司提前实现了原定 2026 年底的 S\$1000 亿管理资产（FUM）阶段性目标。
- 截至 2026 年 7 月，年内在基础设施、房地产和连接性私募基金领域新增约 S\$135 亿管理资产。
- 本年度强劲的资金募集，主要来自全球有限合伙人（LP）对多个旗舰及主题基金承诺的 S\$78 亿新资本，包括：
- Aermont Fund VI
- 凯宝教育资产基金 II
- 凯宝私募信贷基金 III
- 凯宝近海基金
- 数据中心机会及与主权财富基金设立的专户，重点投资基础设施和数据中心项目
- 凯宝在数字基础设施和数据中心的整合型资产管理及运营模式，成为吸引资本的重要亮点。
- 凯宝基础设施私募策略迄今已获得 S\$77 亿股权承诺，支持超过 S\$220 亿的收购管道。
投资者及股东需关注重点
凯宝提前完成 S\$1000 亿管理资产目标，是公司成长历程中的重要里程碑，显示执行力和市场对其价值创造与回报能力的高度信心。
首席执行官卢振华表示，管理资产的持续增长形成“飞轮效应”，不仅带动资产管理收入，也提升公司运营收入。公司持续依靠如 Bifrost 海缆系统及新建的凯宝萨卡联合循环电厂等资产运营产生的经常性费用，同时通过公司持股及共同投资进一步增强盈利和现金流。
凯宝强调，基金业绩仍是未来管理资产增长的关键。其数据中心专长已帮助 Aermont Capital 进入该资产类别，并通过数据中心基金系列为投资者提供亚太高增长赛道的专属投资渠道。
除数据中心外，凯宝基础设施基金系列在其深厚的运营能力领域积极投资和退出资产，涵盖电力、海缆及海事安装维护等，支撑 AI、云计算和数字化加速发展。
潜在股价影响
- 此公告对股东而言具有潜在价格敏感性，显示公司加速成长，具备吸引全球资本的能力和强劲的收购管道，提前实现关键战略目标，反映执行力和市场竞争力。
- 但管理层表示，这些进展预计不会对本财年每股收益及每股净有形资产产生重大影响。
- 持续募资和生态系统战略有助于公司长期增长，有望提升投资者情绪。
关于凯宝有限公司
凯宝有限公司（SGX: BN4）是一家全球资产管理和运营公司，在基础设施、房地产和连接性领域拥有强大可持续解决方案专长。总部位于新加坡，业务遍及20多个国家，主要提供可再生能源、清洁能源、脱碳、可持续城市更新和数字连接等关键基础设施与服务，并通过私募基金及上市房地产和商业信托为投资者创造价值。
联系方式
- 媒体联络：郑慧芳，企业传播总监，电话：(65) 6413 6437，邮箱：[email protected]
- 投资者关系：应莉莲，企业传播经理，电话：(65) 6413 6475，邮箱：[email protected]
免责声明
本文仅供参考，不构成任何投资建议。投资者在做出与凯宝有限公司相关的投资决策前，应自行研究或咨询专业顾问。
