Keppel Capital Holdings and the National Pension Service of Korea (NPS) have launched a strategic partnership to explore investment opportunities for private infrastructure in Asia.
The strategic cooperation builds on an earlier commitment by NPS to Keppel Capital’s private infrastructure initiative, according to the firm.
“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,” said Christina Tan, CEO of Keppel Capital.
Earlier this year, Keppel Capital completed a second closing for its Keppel Asia Infrastructure Fund with $570 million in capital commitments, against a target of $1 billion.
Keppel Capital also entered China’s data center market with a $1.5 billion yuan ($221 million) investment in a data center project in Huizhou, Guan
