The Asian Infrastructure Investment Bank (AIIB) has committed $75 million to Keppel Private Credit Fund III (KPCF III), along with a co-investment sleeve of up to $50 million, bringing AIIB’s total commitment to up to $125 million.
Keppel said this marks AIIB’s first investment under a strategic partnership the bank and the global asset manager signed in June 2025. The partnership aims to facilitate and mobilize up to $1.5 billion of sustainable infrastructure investments and financing opportunities across Asia Pacific, focusing on projects developed by Keppel and invested in by its private funds.
The commitment boosts KPCF III’s total funds under management to more than $561 million.
“Rapid urbanization and digital transformation are reshaping the Asia Pacific region, driving infrastructure needs in excess of $1.7 trillion annually through 2030,” said Christina Tan, CEO of fund management and CIO of Keppel. “Meeting this demand at scale requires vis
