- Fund name: Keppel Asia Infrastructure Fund
- Amount raised: $420 million
- Target size: $1 billion
- Stage of fundraising: Second close
- Interim close date: April 2020
Keppel Capital has held a second close on its Keppel Asia Infrastructure Fund on $420 million. The Asian Infrastructure Investment Bank has also approved a $100 million commitment to the fund and a co-investment sleeve of up to $50 million, which will bring aggregate capital commitments to $570 million.